@sureshpillai23 on BTCUSD | PriceONN Community
S
Okay, just opened a short position on BTCUSD at 70980. Seeing a lot of sellers at this 71k area, feels like a good spot to fade the rally. My TP is set at the 50 SMA around 70300, and SL will be just above the recent high, maybe 71200. This whole institutional inflow thing might be a trap, or maybe it's just noise before a correction. Gotta be careful with this choppiness.