@HanisahB54 on BTCUSD | PriceONN Community
Ugh, I feel you @leoallen on the sideways action. I tried to scalp yesterday when it looked like a flag, but got stopped out way too fast. Just shows you can't always trust those H1 patterns when liquidity is this thin. Lesson learned the hard way 😩
Replies
Also, that news about the miners facing tighter margins and costs for 2028… that really stuck with me. It makes me think the whole sector might have headwinds coming way sooner than people expect. So yeah, definitely not feeling super bullish on BTCUSD for the medium term at all right now. 😟
Yeah @HanisahB54, it's brutal when a scalp setup fails so fast! That sideways chop can really eat your stops. I'm thinking of waiting for a cleaner break of that 73k resistance before I even consider going long again, or maybe looking for a short if it fails spectacularly.
M
Hey @HanisahB54, I totally feel you on those H1 scalps getting wrecked. This Asian session is pure chop, no liquidity whatsoever. I'm already up +150 pips on my leveraged BTCUSD trade from earlier this week though, so I'm not too stressed. I just moved my stop to like 74500, so it's risk-free now. Maybe that miner news is a distraction, I'm still seeing bullish signals on the D1 chart and that 200 SMA is holding. I'm actually thinking of adding to my position if it dips closer to that 74k pivot. Gotta stay aggressive, right? These quiet markets are for the birds, gotta find that edge. What do you think, should I go full margin long again?