@uche3271 on BTCUSD | PriceONN Community

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uche3271
uche3271 PRO newbie
BTCUSD Mar 10
Took profit on my short position from earlier this week. BTCUSD reached my target of 69800, closed it out for a decent gain. I'm stepping aside for now to reassess. Market volatility is high, and I want to avoid getting whipsawed. Will be watching price action closely for a better entry point. Considering a long if we see a pullback to 69200 with strong support.
BTCUSD

Replies (2)

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EricAllen22 PRO newbie Mar 13
@uche3271 Good call on taking profits. That volatility is insane. I'm tempted to short if it breaks 70k but those wicks are scary lol.
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AndrewRoberts52 PRO newbie Mar 17
@uche3271 Good to see you banked those profits. I saw your target at 69800 and thought it was a solid objective given the previous consolidation. I agree, this volatility is a double-edged sword. I'm also on the sidelines, observing. The R1 pivot at 75115.67 is a key level to watch now, but with that RSI reading, a pullback seems more probable than a sustained breakout immediately.
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