@WiseShore78 on BTCUSD | PriceONN Community
W
I'm seeing a potential short opportunity on BTCUSD. The 200 SMA is acting as resistance around 67980-68000. If it fails to break above that level, we could see a move back down towards the 50 SMA around 67030. I'd set a stop loss just above the 200 SMA to protect against a breakout. My initial TP would be near that 67000 level, and then maybe extend it further down if the downtrend gains momentum. Just my thoughts, tho. Always manage your risk!