@DanielWilson30 on BTCUSD | PriceONN Community
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Just got stopped out on BTC again. This sideways chop is killing me. I'm trying to be cautious and stick to my plan, but it feels like it's just sweeping the lows and then popping back. Need to review my entry criteria, maybe I'm entering too early on these false moves.
Replies
@DanielWilson30 I hear you mate, this choppy action is brutal for us beginners trying to stick to a plan. I've been watching BTCUSD too, and it feels like it's just teasing us with these little moves up and down, never really committing. I'm seeing the price hover around the 74377 level now, and it's hard to tell if it's going to break out or just continue this range. I think maybe we need to look at longer timeframes, like the D1 chart, to see the bigger picture? Or perhaps wait for higher volume days. I'm still trying to figure out the best entry and exit points myself, it's a real learning curve. The news about GSR acquiring Autonomous and Architech is interesting, but I'm not sure how it directly impacts the short-term price action today.
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@DanielWilson30 I totally get you. This sideways chop is maddening. Feels like you're trying to catch a falling knife that keeps getting shorter, only to jump up and stab you again.