@oliviamcdonald on ETHUSD | PriceONN Community
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Yeah, still holding my ETH position here around 2159. Honestly, @adrian1998, I respect the stop at entry, smart move. For me though, I'm really not liking the look of this price action. That move up earlier feels like a dead cat bounce, especially with the thin liquidity from the Sydney session. We've got that Australian CPI data coming out soon too, and if it's hotter than expected, might see some big moves against this bullishness. I'm keeping a tight leash on my longs and looking for signs of reversal. The RSI is sitting neutral at 58, but that could easily flip if sellers step in. I'm expecting a push back down towards the 50 SMA around 2118 if we can't hold these levels.