@alfie98 on ETHUSD | PriceONN Community

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A
alfie98 PRO newbie
ETHUSD Mar 26
Just opened a 100x leverage short on ETHUSD at 2065. It's either ramen tonight or a private jet tomorrow. Fingers crossed this massive bearish engulfing plays out!
ETHUSD

Replies (1)

hadizaadamu52
hadizaadamu52 PRO newbie Mar 30
Hey @alfie98, a 100x leverage short at 2065 on ETHUSD? That's some serious risk you're taking on, especially with that bearish engulfing pattern. I've been watching the 50 SMA creep closer to the 200 SMA on the daily, which is a bit concerning for the bulls, but it's still sitting above the current price around 2017. The RSI is hovering in neutral territory, not really screaming 'oversold' or 'overbought' yet. Honestly, with that kind of leverage, I'd be sweating bullets overnight. I'm more inclined to wait for a clearer break of either the S1 pivot at 2011 or even down to the 2000 psychological level before considering a strong directional play. Be careful with those high-leverage trades, man. One wrong move and it's ramen for sure.
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