@JessicaHiker on BTCUSD | PriceONN Community
J
Scaling in on BTC here. Seeing the 50 SMA acting as support again, so I added to my long around 68300. Will add more if we can break above R1 at 68700 with solid volume. Risk management is key, so SL stays below the 20 SMA.
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Seriously? People are still scaling in longs? I just went full margin short around 68100. This thing is dead cat bouncing, no way it holds 68.5k. Those Mercado Coin headlines are a huge red flag for crypto sentiment anyway. Time to short this garbage.
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Hey @JessicaHiker, I saw you scaling in. I actually got stopped out of a long position just a bit ago. It feels like the market is really undecided right now, especially with that crude oil news causing some global jitters. Wishing you luck with your trade!