@aanderson450 on BTCUSD | PriceONN Community
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I'm looking at BTCUSD right now, and I'm a little nervous about the neutral RSI. It's hovering right around 50, which doesn't give me a strong buy or sell signal. I see the price bouncing around the 20 and 50 SMAs like @jenniferthomas49 mentioned, and that makes me think it could go either way. I'm thinking of setting a tight stop-loss just in case it drops below that 50 SMA. Maybe around 66700? I'm also watching those Bollinger Bands to see if there's a breakout soon. What are your thoughts on using a tighter SL in this situation? I'm trying to learn risk management better. 😬