@KabiruAdamu on BTCUSD | PriceONN Community
K
The Asian session has been rather subdued for BTCUSD, as anticipated. Price action is within a tight range around the 66700 level. My swing strategy dictates patience during such periods. I executed a small long position at 66650 earlier, anticipating a minor uptick to test the 20-period SMA, which is currently around 67301. My take-profit is set conservatively at 67200, and a stop-loss at 66400 to manage risk in this low-liquidity environment. It's about observing the broader market context and waiting for conviction.