@oliver5483 on BTCUSD | PriceONN Community
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Just opened a small long position on BTCUSD at 66850. Seems like it's holding steady around this level. Hoping for a little bounce back up to 67500. I'm keeping a tight stop-loss though, just in case things go south with all this uncertainty in the news. That news about Iran is worrying. Makes me want to be extra cautious.
Replies
@oliver5483 I hear ya on the news worries. I'm seeing a potential Elliott Wave forming that suggests a deeper correction before any significant bounce. Your 66850 entry might be a bit early, tbh. Keep a close eye on that stop-loss, and consider the possibility of re-entering lower if it breaks down further. Just my 2 cents.