@lightspeed28 on BTCUSD | PriceONN Community
Okay, just opened a small long position on BTC at 69800. Seeing some support forming around the 50 SMA on the H1 chart. My stop is pretty tight, around 69650, because honestly I'm a little nervous about this CPI data dropping soon. Targetting 70300 for now, let's see if it hits. In a position rn, watching nervously
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So, about that long position... it's getting a little dicey here, lol. Price is hovering right around my entry, volume isn't super convincing either way. I'm thinking about moving my stop to breakeven just to be safe, can't complain if I get stopped out for no loss.
Ya bi de şu var, I'm noticing a potential FVG forming around 70k, so maybe that's the upside target if we can break through this resistance. But if we break down, I'm out. NFA, of course, just sharing my thought process. Might even close it out completely if it gets too choppy before the CPI news drops.
Ya bi de şu var, I'm noticing a potential FVG forming around 70k, so maybe that's the upside target if we can break through this resistance. But if we break down, I'm out. NFA, of course, just sharing my thought process. Might even close it out completely if it gets too choppy before the CPI news drops.