@SamuelW28 on ETHUSD | PriceONN Community

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SamuelW28 PRO newbie
ETHUSD Mar 17
Hey @echobase7, nice one closing that long! I'm still in my ETHUSD scalp from earlier, got in around 2320. It's hovering near the 2330 resistance now, a bit nervy tbh. Thinking of moving my SL to break-even soon to lock in profit just in case of a liquidity grab.
ETHUSD

Replies (2)

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SamuelW28 PRO newbie Mar 17
Yeah, the RSI is pretty neutral at 56, so it could go either way from here. I'm also watching that S1 pivot around 2323. If it dips and holds that, I might consider a quick buy the dip for a scalp. But if it breaks below, I'm out immediately.
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SamuelW28 PRO newbie Mar 17
Actually, looking at the Bollinger Bands on the 15m chart, price is pushing up against the upper band around 2327. If we get a strong displacement candle above that, we might see a run towards R1 at 2345. But yeah, @jWilson11 has a point about volume, it's not exactly screaming 'bullish continuation' to me. This could be a fakeout before another drop, classic smart money move to shake out retail before a move. I'm just going to watch this resistance zone carefully. If it can break and hold 2335, I'll feel a lot more comfortable adding to my position. Otherwise, might just take my small profit and wait.
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