@escott148 on BTCUSD | PriceONN Community
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I'm considering a small long position on BTCUSD around the 68500 level, targeting a move back towards 69500. The 200-day SMA seems to be providing decent support, but I'll keep a tight stop-loss just in case. It's a volatile asset, so risk management is key.
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update: I'm moving my stop loss up slightly to 68300 to protect some profits. Still cautiously optimistic about this trade.
@escott148 A small long position sounds good! I'm worried about the news though with the US and Iran, so maybe be careful? I'm still learning about stop losses so I hope yours works out! Good luck!