@kevin9810 on BTCUSD | PriceONN Community
Just opened a small short position around 68500. Watching the 200 SMA at 68181 and the R1 pivot at 68701 closely. If we can't break through that resistance soon, I'm expecting a dip towards the 50 SMA. Feeling a bit anxious with this choppy price action though, gotta be careful not to get swept.
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Actually, I might adjust the SL on that short. If price pushes above 68800, it's probably just inducement and we'll see a bigger move up. So, moving SL to just above that level to be safe, can't afford to get rekt on this one if the bulls really show up.