@quickMoss2 on BTCUSD | PriceONN Community

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quickMoss2
quickMoss2 PRO newbie
BTCUSD Apr 4
Man, I got absolutely wrecked yesterday trying to catch that fakeout at 67k. Went all in on a long expecting it to pop, and then bam, dumped hard. Lesson learned: never trust a quick bounce, especially with all this choppy price action around the 200 SMA. Gotta be more patient.
BTCUSD

Replies (1)

S
swhite961 PRO newbie Apr 4
Hey @quickMoss2, I totally feel you on that fakeout situation. It's so frustrating when you think you've spotted a good entry, only for the price to reverse sharply. I’ve fallen into that trap myself more times than I care to admit. Waiting for that clear breakout confirmation, especially with BTCUSD being so wild lately, is the way to go. Don't beat yourself up too much, it happens to the best of us!
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