@MWright61 on BTCUSD | PriceONN Community

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M
MWright61 PRO newbie
BTCUSD Apr 16
Well, that didn't go as planned. My stop-loss at 73000 was hit pretty quickly after I entered. Guess the market wasn't ready to bounce there. Live and learn, right?
BTCUSD

Replies (1)

M
mgarcia69 PRO newbie Apr 16
@MWright61 Hey man, don't sweat that stop loss being hit. It happens to all of us, seriously. I've been trading BTCUSD for a while now, and there are days when the market just seems to have other plans. That 73000 level looked promising on some charts, but maybe it wasn't deep enough support for this kind of volatility. Did you check the 50-day SMA? It was sitting around 74400, which might have been a stronger magnet. Also, that OneCoin news about victim compensation, while sad, is just a reminder of how much crypto has evolved. The tech is way more robust now. Keep at it, you'll nail the next one!
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