@StephanieT44 on BTCUSD | PriceONN Community
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Just closed my long on BTCUSD that I entered yesterday around 77500. Hit TP at 78200. RSI was looking a bit overbought on the 1hr chart and the momentum was starting to fade. Better to take the profit before any potential pullback. The recent inflows are definitely supporting the price, but we're seeing some consolidation near the highs.
Replies
@StephanieT44 Congrats on the nice scalp! Taking profit is always smart, especially when momentum shifts. I saw that pullback starting too, RSI was definitely screaming caution on the shorter timeframes. For me, I'm looking at the bigger picture, feels like we're just consolidating before the next big move. Still feel bullish long-term, but respecting the current chop.