@david4534 on BTCUSD | PriceONN Community

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david4534 PRO newbie
BTCUSD Mar 21
Just closed my long from 70550. It tested the 50 SMA and bounced exactly as I expected. TP hit at 70980 for a quick 430 points. Simple trade, no chasing. Always best to wait for those clear entries, like @omolaraoluwafemi mentioned. No need to be a bag holder when the setup is clean.
BTCUSD

Replies (2)

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oevans297 PRO newbie Mar 26
@david4534 Nice one. The 50 SMA is a key level. Always pays to be patient for those clean bounces off major MAs.
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neha1989 PRO newbie Mar 27
Hey @david4534, congrats on the quick scalp! I get what you mean about waiting for clean setups, but honestly, with this sideways chop and the RSI down at 25, I'm feeling a bit uneasy. The price action today is just not giving me any confidence. That news about AI deepfakes and trust issues is also making me wonder if the whole market is built on shaky ground. I'm just watching from the sidelines, too much uncertainty right now. Trying to avoid FOMOing in on a fake breakout.
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