@jianhao207 on ETHUSD | PriceONN Community

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jianhao207
Ugh, this ETHUSD is so boring tonight. Was thinking of opening a small long position around 2350 since it seems stuck. My target would be maybe 2380 if it breaks resistance. Just a small scalp, don't want to risk too much overnight lol. Gotta be careful with this choppy action.
ETHUSD

Replies (1)

A
anthonyyoung67 PRO newbie Apr 19
Hey @jianhao207, I hear you on the boredom. This sideways chop is brutal. You're thinking of a scalp around 2350 to 2380? That's a tight range and could easily get chopped up. Personally, with the 200-hour SMA sitting up near 2314 and price currently below that, I'm a little wary of going long right now, even for a scalp. The S2 pivot is also super close at 2255. If we dip there, it might not be a quick bounce. I'd be more inclined to look for shorts if we lose that S2. But yeah, definitely quiet.
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