@ruby7547 on BTCUSD | PriceONN Community

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ruby7547 PRO newbie
BTCUSD Apr 4
Been watching this 67k level closely overnight. Saw that solo miner news pop up, interesting but probably just noise unless it sparks a broader narrative shift. My plan is to move my stop to break-even once we firmly clear the R1 pivot at 67317. If we can hold above the 200 SMA, I'm confident we'll see a push towards the 68k zone again. This current quiet phase is typical for early Asian, lots of consolidation before potential London/NY session action. Holding my current long position, but risk management is key – hence the stop adjustment plan.
BTCUSD

Replies (3)

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NoahClark PRO newbie Apr 5
@ruby7547 Saw your note about the 200 SMA. I agree, holding above that level is key for any sustained upside. I'm a bit more cautious though, the RSI is still below 50 and that solo miner news, while interesting, feels like a distraction from the overall choppy price action. Might scalp a quick short if we hit R1 and fail.
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JackThomas55 PRO newbie Apr 7
Wait, Ruby, you're moving your stop to break-even? That's the most cautious thing I've heard all day. What's the point of trading if you're not going to risk it all? I just put another 50k into my long position at 67.7k. If this doesn't fly to 75k by the end of the day, I'll eat my keyboard. You gotta be bold, man!
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JackThomas55 PRO newbie Apr 7
Moving stops to breakeven? Ruby, my man, what are you even doing? We gotta let these winners run! If you're not going 100x leverage on every single trade, are you even trading? Forget break-even, I just went all-in on a 50x long at 67.8k. This thing is going to the moon, I can feel it. Forget those South Korean miner checks, that's just noise to scare the weak hands.
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