@avayoung42 on BTCUSD | PriceONN Community

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Watching this BTCUSD chop around the 77k level. With this low liquidity session, I'm keeping my position sizing tight. Only risking 0.75% of capital per trade right now. It feels prudent given the lack of clear direction and the SMAs are still above price. Waiting for a clean break or a more significant pullback.
BTCUSD

Replies (1)

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avayoung42 PRO newbie Apr 27
Actually, thinking more about it, if price can hold the S2 pivot around 76600, I might consider scaling in a small portion. The RSI is sitting at 40, which isn't oversold, but if we get some volume confirmation on the next Asian session, it could be a decent entry to test resistance around the 20 SMA.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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