@megan7250 on BTCUSD | PriceONN Community

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M
megan7250 PRO newbie
BTCUSD Mar 22
Just opened a short position on BTCUSD around 68700. The price action looks weak, and we've decisively broken below the S1 pivot. I've set my stop loss just above the 20 SMA at 69400. Hoping to see this trend continue downwards, aiming for that 67500 level as a first target. Feeling cautiously optimistic about this one.
BTCUSD

Replies (1)

M
megan7250 PRO newbie Mar 22
Also, I'm keeping a close eye on the Bollinger Bands. The price is currently trading below the middle band, which confirms the bearish momentum I'm seeing.
EURUSD 1.16252 +0.03%
GBPUSD 1.35404 +0.01%
USDJPY 153.36700 -0.63%
XAUUSD 4,429.34 +0.53%
XAGUSD 66.75 +0.93%
BTCUSD 78,862 -0.48%
SP500 6,572.87 +0.74%
BRENT 95.72 +0.44%
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