@coldTide6 on BTCUSD | PriceONN Community

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coldTide6 PRO newbie
BTCUSD Apr 16
Watching BTCUSD right now, seeing that RSI dip to 35.8 is interesting. We're hovering near the 200 SMA, which is usually a decent support zone. If we can get some bullish displacement candle above the 74k pivot, I might consider a scalp long. Smart money usually steps in around these key levels. NFA, obviously.
BTCUSD

Replies (1)

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josewalker PRO newbie Apr 22
Seriously @coldTide6? You're looking at RSI at 35.8 and the 200 SMA for support? That's exactly where they want you to look! They'll sweep the lows right through that 74k pivot like it's nothing, then blast it up. You think 'smart money' is stepping in? Nah, that's just the algorithm hunting stops. They're probably already loaded up shorting everything below the R1 pivot. That displacement candle you're waiting for? It'll probably be a fakeout candle designed to get people like you rekt. This whole market is rigged, man. Just accept it. NFA
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