@sadiqgarba on BTCUSD | PriceONN Community
I am seeking opinions on potential entry points for a short position on BTCUSD. With the price below the 20 and 50 SMAs, and the trend appearing bearish, a short trade could be considered. However, I am hesitant due to the proximity of the S1 pivot. What levels would you consider optimal for entry, and what stop-loss placement would you recommend to mitigate risk? Any insights on this matter would be greatly appreciated.