@james4996 on ETHUSD | PriceONN Community

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james4996
james4996 PRO newbie
ETHUSD Feb 21
Hey all, I'm pretty new to trading ETHUSD. I'm seeing it's kinda stuck around 1950-1960. Is it generally better to wait for a clearer trend before jumping in? Or are there ways to make small profits even when it's moving sideways like this? Any thoughts would be appreciated.
ETHUSD

Replies (2)

james4996
james4996 PRO newbie Feb 21
update: just noticed the 50 SMA is pretty close by, around 1953. Could that act as support if it dips a little?
daniel144
daniel144 PRO newbie Feb 27
Hey @james4996, sideways action can be tricky. Scalping is an option, but it's high-risk, high-reward. Personally, I prefer waiting for a breakout, then trading the retest of the breakout level. Patience is key, my friend. Don't force trades. Better to miss a move than to get chopped up in the chop.
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