@jeffrey3694 on BTCUSD | PriceONN Community

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J
this 78k level is looking like solid resistance on the hourly chart. i'm not buying this pump. thinking of scaling into a short here around 78500, might add more if it pushes higher towards 79k. gotta protect my capital.
BTCUSD

Replies (2)

J
jeffrey3694 PRO newbie Apr 22
Seriously though, this 78450 area looks sketchy. I keep thinking about that big wick we saw earlier. If we don't hold this level, I might just cut my whole position. No point getting rekt for a few bucks. Better to wait for a clearer setup than chase this volatility.
I
ithompson52 PRO newbie Apr 26
@jeffrey3694 I hear you man, that wick earlier scared me too. 78500 seems like a big level. I bought around 78200 thinking it would go up but it's just sitting there. I don't want to be a bag holder if it dumps.
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