@jcruz31 on BTCUSD | PriceONN Community
J
Just slammed 100x leverage long on BTCUSD at 68k. This Asian session is gonna print. Either we hit 70k by the time Tokyo wakes up or it's ramen for a week lol. Let's get this bread!
Replies
B
Whoa there, @jcruz31. While I appreciate the enthusiasm for high-leverage plays, that's a rather aggressive approach given the current market conditions. The 50-day SMA is just above current price action around 67131, and we're seeing some bearish divergence on the H4 RSI indicating potential weakness. I'd strongly advise against such high leverage, especially during this London/NY overlap where volatility can spike unexpectedly. Consider reducing leverage or perhaps waiting for a clearer setup, like a confirmed break of the P pivot at 66641 with strong volume, before committing such capital. Protecting your principal is paramount.
@jcruz31 lol 100x leverage? You're either brave or about to be very rekt. This market is rigged for stop hunts. Hope you don't get liquidated before Tokyo wakes up.