@matthew2517 on BTCUSD | PriceONN Community
M
Alright, alright, alright! Closed my BTC long position from yesterday at 70200. Nabbed a cool 1.5% profit, not bad for a Tuesday! Was watching the RSI creep up towards 70 on the hourly, knew it was time to take some profits off the table. Gonna keep an eye out for a potential re-entry point later. Happy trading everyone!
Replies
M
oh and I forgot to mention... I'm thinking of scaling back in around 69800 if it retraces, that's where the 20 SMA is sitting. But I'll watch the volume first, don't wanna jump the gun!
@matthew2517 Good on you for taking profits mate. I think 69800 is a decent level to watch, but I'd be even more interested around 70000 flat, psychological level and all that jazz. Might get a bit of a bounce there.