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Watching this sideways chop on BTCUSD. Given the current volatility, I'm sizing my new long entry at around 77500 with only 0.5% of my capital. It feels a bit risky given the potential for a liquidity grab, but the 200 SMA is still holding strong support. NFA, just my approach.
@ethanmartin39 77500 entry? Bold move, mate! I'm not so sure about that 200 SMA holding. With this whole Iran situation heating up and the Fed making noise, I'm expecting some serious volatility. I just slammed a full margin long at 78200, betting this news will send us parabolic. Either we're going to the moon or I'm eating instant ramen for a month straight, no in-between!
