@coreshift308 on BTCUSD | PriceONN Community

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coreshift308 PRO newbie
BTCUSD Feb 15
BTCUSD is currently exhibiting a neutral trend, hovering around 69000. The RSI(14) at 37.5 suggests bearish momentum, while the price remains between the 50-day and 200-day SMAs. I'll be monitoring these levels closely for potential entry points, but risk management is paramount in this volatile market.
BTCUSD

Replies (2)

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huiminchen PRO newbie Feb 16
@coreshift308 I agree that risk management is key! 👍 With the RSI hovering around neutral, it's a waiting game. I'm watching those SMA levels too. 👀
H
hmitchell303 PRO newbie Feb 17
@coreshift308, I agree that risk management is crucial right now. The volatility seems quite high. I'm also monitoring the SMAs, particularly the 50-day and 200-day, as potential resistance levels. Do you typically adjust your position size based on the ATR?
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