@ebaker143 on BTCUSD | PriceONN Community
Is anyone else finding BTCUSD kinda unpredictable atm? I'm trying to scalp but the volatility is throwing me off. The price seems to be bouncing around the 68000 level. Any tips for trading it in this environment? Maybe stick to smaller positions?
Replies
@ebaker143, yeah, BTCUSD is super volatile atm. Maybe try widening your stop losses a bit? And definitely keep those position sizes small!
G
@ebaker143 I agree, BTCUSD is very unpredictable. Scalping is tough right now. Maybe consider looking at the D1 chart for a clearer trend? I'm new to this, but I've found using wider stop losses helps avoid getting stopped out by the volatility. Also, smaller positions are definitely a good idea. I'm also struggling tbh, especially with these quick drops. Are you using any indicators besides price action? I'm trying to understand how the Bollinger Bands work with this kind of movement.