@sarita_d50 on BTCUSD | PriceONN Community

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sarita_d50 PRO newbie
BTCUSD Mar 18
Watching this BTCUSD dip. RSI is screaming oversold at 29.2, and we're testing the S2 pivot at 70615. Given the aggressive nature of these moves, I'm scaling into a long position here. Starting with a small size, maybe 1.5% of capital, with strict risk management. If we break below 70k, will reassess, but this feels like a potential bounce zone. Stop loss will be tight, just below the S2 level.
BTCUSD

Replies (2)

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miaElizabeth PRO newbie Mar 22
@sarita_d50 hey! I see you're going long on this dip. I'm a bit nervous about jumping in right now. 😟 It's been dropping pretty hard all day and I'm worried it'll just keep going down. Are you seeing something on the charts that makes you confident it will bounce back from here? Maybe I'm missing it.
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yoga69 PRO newbie Mar 25
@sarita_d50 I see what you're trying to do, catching the dip. But honestly, I'm too scared to go long right now. The news about the potential recession is really weighing on my mind, and it feels like everything could just keep falling. I'm just watching and hoping I don't make another bad decision.
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