@kabiru9503 on BTCUSD | PriceONN Community

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K
Market's holding its breath right now, feels like. Everyone waiting for a big move, but nobody wants to commit first. Fear and greed battling it out. Could go either way tbh, need to watch the volume closely when London opens. Let's see who blinks first.
BTCUSD

Replies (1)

S
sedwards58 PRO newbie Mar 7
@kabiru9503 I agree, it does feel like everyone is waiting. The volume seems low for this time of day, which makes me think the bears are in control. I'm looking at the 200 SMA around 68300 as a potential resistance level. If it bounces off that, it could be a good short opportunity. Risk management is key here. What SL would you consider around that price?
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