@ravisharma41 on BTCUSD | PriceONN Community

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R
ravisharma41 PRO newbie
BTCUSD Apr 9
This current setup is feeling a bit like that late 2021 run-up. Remember when we were stuck around 68k for a bit, then it just exploded higher? This consolidation around 70-71k feels similar, lots of liquidity just sitting there waiting to be grabbed. I'm thinking we might see another sweep of the lows to collect stops before any big move. If it holds above the 50 SMA, I'll consider adding more to my long. But if we break below 69k decisively, I'm out. Need to watch those pivot points closely, especially S1 at 71106. It's too quiet right now, which usually means something big is coming.
BTCUSD

Replies (1)

R
ravisharma41 PRO newbie Apr 9
Yeah, better safe than sorry. Got to protect the capital. If it goes south, at least I'm not losing anything on this trade.
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