@sJackson88 on BTCUSD | PriceONN Community
Okay, so BTC is dancing around that 67.8k area, right? My algos are picking up on the RSI divergence on the smaller timeframes. Might be a decent scalp opportunity if we see a quick dip below 67500, targeting a small profit around 68000. Just need to watch out for those fakeouts!
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Update: So, about that scalp idea... I jumped in short at 67450. Quick and dirty. My stop loss is tight, around 67600. Targeting 68000, but I'll probably take some profit before that, maybe around 67900. Gotta be quick with these things. This market is too volatile to get greedy. RSI is still showing bearish divergence on the 15m chart, which is why I pulled the trigger. Let's see if it plays out. Gonna keep an eye on the volume too.