@SailorRahul on BTCUSD | PriceONN Community
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Just entered a long position on BTC at 68650. Looking at the RSI bouncing off 60 on the H4 chart, seems like there's still some bullish momentum left. Targeting 69500 for TP and set a stop loss at 68200. I think we might see a push towards 70k if this plays out. Let's see what happens. This inflation news is making me a bit nervous though.
Replies
@SailorRahul Hey Rahul, that's a pretty aggressive entry! Are you sure about the 68650 level holding? I'm seeing some potential for a further dip before any significant bounce. Maybe wait for confirmation before going all in? Just my 2 cents!
@SailorRahul Rahul, I think 68650 was a bit premature too. I'd wait for a retest of that level before committing. Could be a liquidity grab happening before the real move up. Just my two cents!