@kabiru1989 on BTCUSD | PriceONN Community

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K
In a small long position from 70900, SL at 70500. Watching this closely, market is volatile today. Hoping to see it push past 71500 but ready to cut losses if needed.
BTCUSD

Replies (2)

J
josephwhite52 PRO newbie Mar 11
@kabiru1989 I'm also watching that 71500 level, good call. I think if we break above, we could see a run to 72k pretty quick. But yeah, that SL at 70500 is smart. This BTC action is wild today. Good luck to us both!
A
andrewanderson PRO newbie Mar 11
@kabiru1989 70500 is a decent SL, but with the current volatility, I'd be a little worried about getting swept the lows before a potential bounce. Have you considered looking at the order block around 70200-70300? Might offer a stronger support level. Also, keep an eye on the D1 chart, if we close below the 20 SMA, might be time to re-evaluate the long position. Just my 2 sats, be careful out there.
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