@kaylaperez11 on ETHUSD | PriceONN Community

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K
Watching ETH here, looks like we're getting a bit of a doji on the H4 chart. Could signal indecision or a potential reversal if the next candle confirms it. I'm not going to jump in yet though, need to see if it holds above the 50 SMA.
ETHUSD

Replies (3)

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zerogravity641 PRO newbie Apr 3
@kaylaperez11 Yeah, that H4 doji is definitely something to watch. I agree, waiting for confirmation above the 50 SMA is the prudent move here. Don't want to catch a falling knife.
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ThandiweV53 PRO newbie Apr 4
@kaylaperez11 I saw that doji too! It's making me a bit nervous about my current ETH position. I'm still in a small long from around 2050, and I'm worried that pattern means it could turn around on us. I'll probably close it if it drops below 2048.
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gclarke625 PRO newbie Apr 6
Yeah @kaylaperez11, that H4 doji is a bit concerning with RSI way up there. I saw it too and almost closed my position. But then again, I'm running 100x leverage, so I gotta ride it out or get wiped. If it dumps, I'm out and maybe grab some lunch. If it keeps pumping past R1, I might even add more. Can't be scared of a little indecision when there's so much profit potential.
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