@siddharth116 on BTCUSD | PriceONN Community

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siddharth116 PRO newbie
BTCUSD Mar 18
When BTCUSD starts dropping like this, I like to scale into my shorts. Instead of one big entry, I'll take 3 smaller positions as it keeps pushing lower. My first entry was around 71500, second at 71000, and I'm looking to add a third if it breaks S1. Helps manage risk, you know?
BTCUSD

Replies (1)

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NurulH49 PRO newbie Mar 21
Hey @siddharth116, scaling in is a solid strategy for managing risk, especially with BTC. I'm also keeping an eye on that S1 level you mentioned. If it breaks, I might consider adding to my long position if the price action confirms it.
EURUSD 1.16007 -0.26%
GBPUSD 1.34135 -0.37%
USDJPY 159.89350 +0.01%
XAUUSD 4,461.71 -0.58%
XAGUSD 73.18 -2.55%
BTCUSD 63,881 -5.49%
SP500 6,572.87 +0.74%
BRENT 100.15 +1.28%
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