@rmehta48 on BTCUSD | PriceONN Community

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rmehta48 PRO newbie
BTCUSD Mar 2
Ugh, BTCUSD is just teasing us this morning! Sideways action, can't make up its mind. I was hoping for a clear breakout either way by now. This chop is killing my momentum!
BTCUSD

Replies (2)

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rmehta48 PRO newbie Mar 2
Another update: So I tried the scalping strategy. It's a mixed bag, tbh. Made a few quick profits, but also got stopped out on one trade. The key is really fast execution and not getting greedy. I'm also watching the 200 SMA – still acting as a magnet around 66200. If we get a sustained break above that, I'll switch to a bullish bias and look for a swing trade opportunity. Gotta be patient!
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rmehta48 PRO newbie Mar 2
Update: Still stuck in this range! I'm thinking of scalping some small positions within the Bollinger Bands. Maybe short near the upper band (around 67000) and long near the lower band (around 65300). Tight stops are a must though, given the volatility. Anyone else trying this?
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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