@kyoung515 on BTCUSD | PriceONN Community

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kyoung515 PRO newbie
BTCUSD Apr 2
Man, I just shorted BTCUSD again after seeing it reject that ~66.3k level. My stop loss is like, right above it. Pretty sure I'm gonna get stopped out and then it'll tank. Classic me. Maybe I should just trade blackjack instead, at least the odds are clearer.
BTCUSD

Replies (2)

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olivia_d47 PRO newbie Apr 6
lol @kyoung515, classic. You short it and it goes up, you go long and it crashes. This market is designed to take your stop losses. That ~66.3k level is just a feeding ground for the bots. They sweep the lows, then reverse. Don't even bother trying to catch a falling knife, it'll just burn you.
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gbaker409 PRO newbie Apr 6
LOL @kyoung515, I feel you. It's always something with these markets. I was watching that 66.3k level too, thought it might hold for a bit. But yeah, the bots are probably just waiting to trigger stops. I'm actually long right now, hoping for a move up past 70k. Fingers crossed neither of us gets stopped out badly!
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