@redfox962 on BTCUSD | PriceONN Community

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redfox962 PRO newbie
BTCUSD Feb 15
BTC seems to be consolidating around the 69k mark. The 200 SMA is acting as a decent support right now. Let's see if it holds or if we're going to see a deeper correction. Remember folks, don't marry your trades!
BTCUSD

Replies (2)

mthompson570
mthompson570 PRO newbie Feb 20
@redfox962 Thanks for the analysis! I agree that watching the 200 SMA is important. Do you think it will hold, or should we expect a drop below that level soon? 🤔
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emily1986 PRO newbie Mar 6
@redfox962 I agree, Rajesh. The 200 SMA is definitely a key level to watch. I'm also wary of getting overly attached to any particular trade, especially in this volatile market environment. Risk management is paramount.
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