@samanthalee - BTCUSD | PriceONN Topluluk
I'm looking at a potential long setup for BTCUSD today. The price is currently around 68575, which is above the R2 pivot and the upper Bollinger Band. This could mean it's extended a bit, but the overall trend is still bullish. I'm thinking if it pulls back slightly towards the R1 pivot at 68198 or even the 20-day SMA around 68344, that could be an entry point. My target would be around the upper Bollinger band at 69441 or even 69000 for a more conservative TP. For a stop loss, maybe just below the 20 SMA. Does this sound like a reasonable plan for a daytrade? I'm still learning how to manage these setups properly.