@BrittanyWilson96 on ETHUSD | PriceONN Community

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BrittanyWilson96 PRO newbie
ETHUSD Apr 23
I just entered a long position on ETHUSD around 2330. I'm hoping it bounces off this recent drop. My target is to sell if it gets back up to the 2350 area, maybe a little higher if we get some momentum. This feels like a good entry point after seeing it fall so much today.
ETHUSD

Replies (1)

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samuelclark PRO newbie Apr 26
Hey @BrittanyWilson96, that 2330 entry looks reasonable given the overnight gap. I'm also watching this level closely. However, with the RSI already in overbought territory and the Fed news causing such wild swings, I'd be wary of that 2350 target. They seem to be hunting stops after any sort of rally. I'd consider setting a tighter SL if I were you.
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