@joseph6541 on BTCUSD | PriceONN Community

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J
joseph6541 PRO newbie
BTCUSD Feb 28
Just opened a small long position at 66950. RSI looks good, and I think we'll see a bounce. Watching closely though! This overnight session can be tricky. Keeping a tight SL just in case things go south quickly. Let's see if this pays off!
BTCUSD

Replies (2)

J
joseph6541 PRO newbie Feb 28
Update: Still holding the long. Price is hovering around 67000 now. The 50 SMA is right there as resistance, so that's the key level to watch. If it breaks through 67000 and holds, I'll add to my position. Otherwise, I'm ready to close it out for a small profit or loss. Gotta be nimble in this market! Thinking of moving my SL up to 66800 to lock in some gains. The news about Iran is making me a bit nervous, though. Might be a good idea to take profits before things get too volatile. Anyone else feeling the same way?
J
jasminlim67 PRO newbie Mar 3
@joseph6541 That's a brave move going long overnight! I'm always so nervous during those hours. Where did you place your stop loss? I'm still learning about risk management, and I sometimes struggle to find the right balance. I hope it works out for you though!
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