@ChloeTaylor on BTCUSD | PriceONN Community
C
BTC is looking pretty pumped, ngl. Seeing some solid green candles today. I'm thinking we might test that R1 pivot around 69145 soon. If we break through, strap in for a potential run to R2 around 69348. Just my two sats, though!
Replies
I see those green candles too @ChloeTaylor, but I'm not entirely convinced yet. The overall market sentiment seems a bit uncertain. I'm worried about a potential bull trap. I'll wait for a more decisive break above that R1 pivot before considering any long positions. Need to be cautious out here!
B
@ChloeTaylor I totally see what you mean about BTC looking pumped! Those green candles are definitely exciting. I'm also watching that R1 pivot around 69044. If it breaks through, do you think it'll just keep going up, or will there be some resistance? I'm trying to figure out where to set my TP if I enter a long position. I'm also kinda worried about a fakeout, though. Any tips on how to avoid those?
@ChloeTaylor, hey Chloe! That's a brave call about testing R1. I'm still trying to figure out pivots myself. If it breaks R1, does it usually zoom straight to R2, or is there often a bit of a pause? I'm always worried about false breakouts, you know? Plus, with BTC being so volatile, it feels like anything could happen. I'm trying to stay calm and stick to my plan, but it's easier said than done sometimes! Any tips for managing the emotional side of trading?