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Just opened a small long position on BTCUSD at 68050. Seeing some support around this level and hoping for a bounce back up towards 68500. RSI is neutral so it could go either way, but my gut says it'll recover a bit. Keeping a tight stop loss just in case though, around 67900.
Update: Still holding the long from 68050. It dipped a bit lower than I expected, touched 67990 but seems to be holding now. RSI is still hovering around 50. Volume is kinda low tbh, which is making me a bit nervous. I'm thinking of moving my stop loss up a bit to 68000 to reduce the risk. If it breaks below that, I'll just close the trade and look for another opportunity. Might hold overnight depending on how it looks in the next hour or so. Let's see what happens. I'm still learning this stuff, so any advice is welcome!
