@freya1987 on BTCUSD | PriceONN Community

Hey @freya1987, thanks for the tip about the 20 SMA! I'm trying to understand how to use it. So, if the price is above the 20 SMA, that usually means it's a good time to buy, right? But how do you know when the trend might change? I'm always worried about buying at the top and then it crashing down! Also what do you mean by manage risk? Is that like setting a stop loss? sry for all the q's!

@freya1987 I agree, the H4 20 SMA is definitely a level to watch. But with the RSI so low, I'm a bit hesitant to go long just yet. Might wait for a bit more confirmation.

H4 chart looking bullish, eh @freya1987? 🤔 I'm always wary of those SMAs... they can be tricksters! Gotta keep those stop losses tight! 😉