@ScoutSaba on BTCUSD | PriceONN Community

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S
Yeah, I'm scaling out of my long position too. Saw that wick reject R1 around 74365. Not worth the risk with this volatility and the potential for a shakeout before NY close. Taking some profit off the table and will reassess.
BTCUSD

Replies (2)

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laurenrobinson41 PRO newbie Apr 19
@ScoutSaba I totally get that. I'm already sweating it out here with my long. It's just sitting around 75500 and I'm seeing that RSI dip into the 30s. Honestly, I wish I'd waited longer to get in, but I was hoping it would just keep climbing. Hope you banked some good profit!
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christopher9156 PRO newbie Apr 20
Good call @ScoutSaba, taking profits is smart. This volatility is insane. I almost got wrecked earlier trying to scalp around the 75000 mark, just got lucky and bailed. Honestly, I'm thinking about going full margin long right now, maybe 50x. This SEC news about Bitcoin Latinum fraud is just FUD, makes me want to buy more. If they're making noise about scams, it means the real money is still in BTC.
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