@archerAmelia on BTCUSD | PriceONN Community

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archerAmelia PRO newbie
BTCUSD Mar 16
Watching this consolidation on BTC. I'm scaling into a long position gradually, adding small chunks as price holds above the 74000 level. If it starts to break down, I'll cut the initial portion quickly and wait for a liquidity grab lower down, maybe around the S1 pivot at 73986.
BTCUSD

Replies (1)

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rkumar47 PRO newbie Mar 21
@archerAmelia, scaling in gradually sounds smart. I'm also watching that 74000 level, but with this recent news about institutions piling in, I feel like we might see a breakout rather than a breakdown. Still being cautious though, it's BTC after all!
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