@samuel4001 on BTCUSD | PriceONN Community

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samuel4001 PRO newbie
BTCUSD Mar 16
Watching the Asian session closely, and this BTCUSD move looks promising. Just opened a small long position around 73850. Aiming for the R1 pivot around 74486 initially. Let's see if this bullish RSI holds up.
BTCUSD

Replies (2)

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samuel4001 PRO newbie Mar 16
Actually, I might move my SL up a bit if it breaks 74200. Don't want to give back too much profit if it stalls there.
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etaylor399 PRO newbie Mar 18
@samuel4001 Hey man, good luck with that long! 73850 is a decent entry if you're aiming for R1. Just be careful, that 200 SMA is sitting around 71757 and it's looking pretty heavy resistance right now after this drop. I'd be a bit nervous holding that position with BTC USD currently showing bearish momentum and RSI so low. Definitely move that SL up, or maybe even consider a tighter stop loss if this London/NY overlap gets wild.
EURUSD 1.14436 -0.13%
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