@brittanyharris13 on BTCUSD | PriceONN Community

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Given the current choppy action and the RSI hovering around 60 on the H4, I'm scaling into a long position here. My initial entry was around 70500, and I'm adding another 20% of my planned size now at 70800. This keeps my average entry just under 70700, which feels solid for a move towards the R1 pivot.
BTCUSD

Replies (1)

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brittanyharris13 PRO newbie Mar 23
The reason for the partial sizing is the proximity of the 200 SMA around 71300. While the short-term momentum is bullish, that level historically acted as resistance. If we break cleanly through it with volume confirming, I'll add another 30% to the position. For now, managing risk with smaller increments is key. My SL is set just below the S1 pivot at 70650, giving it some breathing room.
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