@ThomasDavis on BTCUSD | PriceONN Community
Watching the 200 SMA come into play around 71300. It's a key resistance point. I'm not adding more size here at 70800, actually considering scaling out half my position if we stall hard near the SMA. Gotta manage risk, especially with that news about geopolitical tensions potentially impacting crypto.
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Yeah, that 200 SMA at 71300 is definitely the hurdle. My average is just under 70700, so I'm still in the green, but I don't want to get caught giving back gains if it rejects hard. Might move my trailing stop up to break-even once we clear that level convincingly, or even scale out more if there's a strong bearish displacement candle there.