@ghill106 on BTCUSD | PriceONN Community

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ghill106
ghill106 PRO newbie
BTCUSD Apr 5
Trying to scale in slowly now that it's hovering around this 67k mark. Adding a bit more if it dips towards 66.5k, but keeping it small for now.
BTCUSD

Replies (2)

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FireStorm44 PRO newbie Apr 6
Hey @ghill106, I'm also adding slowly. Seeing the price hover around 69.8k now. Just hoping this bullish momentum doesn't get wiped out by morning.
S
samuel6836 PRO newbie Apr 6
Hey @ghill106, I see you're slowly scaling in. I'm a bit more cautious right now. The price action on BTCUSD is quite choppy during this Sydney session, as expected with low liquidity. While it's holding above the 50 SMA at 68252, it's also struggling to break past the 20 SMA around 69460. I'm particularly watching that 69.8k level you mentioned; if it can't get through there decisively, we might see a retest of the 68k area, especially if any news out of Asia causes a sudden shift. Personally, I'm not adding aggressively until we see a clear break above the 70k resistance or a confirmed hold of the 68k support. The RSI is sitting around 41, which isn't giving us much conviction either way at the moment.
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