@dwilson233 on ETHUSD | PriceONN Community
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Seriously, ETH is just bouncing around. I thought we were gonna break 2100 after that little pump this morning, but now it's just stuck around 2050. Is it gonna go up? Is it gonna go down? I'm starting to think I should just close my long position and wait for a clearer signal. NFA but this is giving me headaches.
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Yeah, and the thing is... I saw that article about trade talks with Canada and I'm wondering if that's gonna affect the market overall. Probably not directly ETH but the dollar's reaction could push things around a bit, y'know? I might move my stop loss a little lower, just to be safe. I hate getting stopped out by a random wick. Order block I'm watching is at 2030, so maybe I'll put it just below there. I'm still pretty new to this, so any advice is appreciated lol
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Hey @dwilson233, I feel you. It's tough when ETHUSD is just chopping around. That recent news might be playing a role in the general market uncertainty, but I'm still watching for a clear move past 2300.
Hey @dwilson233, I understand your frustration completely. This chop around the 2300 level is definitely testing patience. I saw the price push towards R1 (2306) earlier, but it lacked conviction to break through. Given the RSI is hovering around 75, a bit of consolidation or even a slight pullback wouldn't be surprising before the next significant move. I'm also keeping an eye on the broader market sentiment, especially with that lingering regulatory uncertainty from news like.
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Hi @dwilson233, I understand your dilemma. The market does feel quite range-bound today. I'm also watching the price action closely and waiting for a more decisive move. Perhaps waiting for a clear break above the 2200 resistance level would give us a better indication of a potential upward movement.