@arthur9253 on BTCUSD | PriceONN Community
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Okay, so here's what I'm thinking about BTC... 🤔 I'm looking at a potential long position if we can hold above the 20 SMA around 69600. My TP would be around 71k, aiming for that psychological resistance level. SL would be just below the 50 SMA, maybe 68300-68400, gives it a bit of breathing room. I think the bollinger bands are showing expanding volatility so there could be some big moves coming, but I'm confident in the uptrend. Anyone else seeing something similar? What are your thoughts on my SL placement?