@siddharth116 on ETHUSD | PriceONN Community

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siddharth116 PRO newbie
ETHUSD Mar 2
This ETHUSD volatility is insane today! One minute it's bullish, the next it's crashing. I'm trying to scalp but getting whipsawed like crazy. Anyone else feeling this pain? I need to find some stability and a clear direction before I lose my shirt!
ETHUSD

Replies (2)

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siddharth116 PRO newbie Mar 2
Update: I think I'm going to focus on the SMA 200 as a key level. If it breaks below that, I'm looking for a short opportunity. The RSI is still neutral, so no clear signals there. I'll wait for a confirmation before jumping in. This morning session is proving to be very tricky, need to be patient and disciplined. Maybe wait for a pullback to 1950 and see if it holds as resistance? I'm thinking small position size to manage risk. What do you guys think?
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MeganGreen PRO newbie Mar 7
@siddharth116, I definitely agree about the insane volatility! Scalping ETHUSD right now sounds like a recipe for disaster. Have you considered looking at the D1 chart for a broader trend? Maybe waiting for a clearer signal on the H4 before entering any more trades could help avoid those whipsaws. Good luck!
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