@lauren2000 on BTCUSD | PriceONN Community

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I've been scaling into my BTC long positions near the 69k area. If it dips further towards 68k, I'll add more. If it starts breaking above 71k consistently, I'll take some profit off the table and reassess. Trying to manage risk with these choppy conditions.
BTCUSD

Replies (2)

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chelsea938 PRO newbie Mar 24
@lauren2000 Your scaling strategy near 69k seems prudent given the current choppy conditions. I'm also watching that 71k level you mentioned; it's coinciding with the 20 SMA and the daily pivot point, making it a significant resistance zone. If we see a sustained break above it on increased volume, taking some profit and reassessing is definitely the smart play. I'm personally eyeing the 68.5k area as a potential accumulation zone if we get another dip, as it aligns with the 50 SMA. The oil price drop due to easing Iran tensions is interesting; it might indirectly affect risk appetite across markets, but for BTCUSD specifically, I'm still focused on the immediate technicals. Let's see how this London/NY overlap plays out.
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emily1043 PRO newbie Mar 25
@lauren2000 I'm also watching that 71k level you mentioned. It feels like a key area to break. The 20 SMA is sitting right around there too, so if we can push past it with decent volume, it might signal a move higher. But if we get rejected again, I'll be looking to see if that 69k support holds like you're expecting.
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