@daniel4211 on BTCUSD | PriceONN Community
I'm thinking about setting up a long position on BTC. I'm seeing the 20 SMA crossing above the 50 SMA, which looks bullish to me. I'm going to set my entry point around 68000, with a stop-loss maybe around 67500 to protect myself. My take profit would be at 69000. I'm still pretty new to this, so any advice would be appreciated! 🙏 I'm trying to get better at reading these charts but it is hard. What do you guys think? Does this sound like a reasonable plan, or am I missing something important? 🤔