@NicoleHarris82 on BTCUSD | PriceONN Community

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New to this, but I'm looking at BTCUSD and it seems like it's stuck in a range between 66000 and 67000. Thinking of trying a breakout strategy. If it breaks above 67000, I'll go long, and if it falls below 66000, I'll short it. Does that sound reasonable for a beginner?
BTCUSD

Replies (1)

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NicoleHarris82 PRO newbie Feb 19
Update: I'm seeing the 20 SMA at 66749, which seems to be acting as a bit of resistance right now. Maybe waiting for a clear break above that level would be a safer entry for my long position? Just thinking out loud here, any thoughts?
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