@ahmedkhan22 on BTCUSD | PriceONN Community
Alright, so I'm still holding that long position from earlier. Entered around 70500 when I saw the price holding above the 50 SMA and the RSI starting to tick up from 45. Honestly, it felt like a solid setup, especially with that institutional money supposedly flowing in. Now, I've managed to trail my stop up to just below the 20 SMA at 70500, so technically it's risk-free. Still, watching the Bollinger Bands pinch and the price dance around the R1 pivot at 70684 makes me a bit twitchy. Feels like it's trying to break out but needs a bit more conviction. If it can push past 70713, I might just let it run and see if it can retest those highs from yesterday, but a close below the 20 SMA and I'm out.