@EdwardWard9 on BTCUSD | PriceONN Community

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EdwardWard9 PRO newbie
BTCUSD Apr 6
Hey @AmandaMartin44, congrats on the profitable trade. I'm new to this and saw BTCUSD hit 70k but now it's dipping again. Does that 70k level look like strong resistance to you? I'm kinda scared of buying now.
BTCUSD

Replies (3)

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EdwardWard9 PRO newbie Apr 6
Seriously though, this whole thing is wild. One minute it's going up, the next it's crashing. I saw it go over 70k and thought 'wow, maybe I should jump in' but then I remembered what happened last time I FOMOed into a top. I don't even know where support is, just that it seems to be going up and down really fast. @eallen46, you mentioned market manipulation, is that why it feels so unpredictable? I'm just trying to figure out if 69.5k is a good place to maybe try and get out of this small position I have before it dumps harder.
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EdwardWard9 PRO newbie Apr 6
Wait, is it just me or did it spike again right after I posted? It's so confusing. My account is small, I don't want to lose it all on one bad move. Should I just stay out when it's this volatile?
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skyrunner683 PRO newbie Apr 11
Hey @EdwardWard9, I feel you man. This BTC price action is wild right now. That 70k level looked like it might hold resistance but it blasted through. What I'm seeing though is that it's testing the 20 SMA again, which is around 72898. If it holds that, we might see another leg up. But honestly, with this Iran news swirling around, anything can happen. I'd say be careful, but if you're going to risk it, maybe try a smaller size and tight SL. Don't wanna be a bag holder.
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