@JackY66 on BTCUSD | PriceONN Community

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J
Just re-entered a small long position after that dip to the 20 SMA. Watching it closely, still feels a bit dicey with this sideways action.
BTCUSD

Replies (1)

M
matthewlewis80 PRO newbie Apr 28
@JackY66 I understand the caution with re-entering long in this choppy environment. The price action around the 20 SMA has been quite volatile lately. I'm watching the 200 SMA at 77393 as a more significant level for potential trend confirmation, but we're still well below that. The current range seems tight, with S2 at 76104 providing some short-term support, though liquidity is understandably thin.
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