@dalAva17 on BTCUSD | PriceONN Community
Is anyone else a little nervous about BTC right now? It's been going down a bit today, and I'm trying to figure out if I should buy more or wait. What do you all think? I'm still learning so any advice is appreciated!
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update: i'm seeing the SMA20 is a bit above the current price. Does that mean it's likely to keep going down?
K
@dalAva17, it's wise to be cautious when the market shows signs of weakness. Given the current bearish trend and the RSI hovering around neutral, it might be prudent to wait for a clearer signal before increasing your position. Consider monitoring key support levels and waiting for a potential reversal pattern to emerge. Risk management is paramount.