@rabbasi581 on ETHUSD | PriceONN Community

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R
Okay so I'm in a long position now at 2035 😬. ETHUSD is moving but slowly... I'm so nervous!!! My SL is at 2020 just in case. TP is at 2050, hoping it hits! 🙏🙏 Let's see what happens. This is so stressful 😫
ETHUSD

Replies (2)

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rabbasi581 PRO newbie Mar 10
Oh, and I forgot to say,,, RSI is almost 50 so it's not overbought or oversold, right? That's good I think 🤔. Also watching the 50 SMA... it's at 2011.35. If ETHUSD goes below that, I'll be very worried! Maybe I should move my SL up a bit? But where??? 😟
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mwright934 PRO newbie Mar 13
Hey @rabbasi581, 2035 entry isn't bad considering the recent SMA50 cross. I'd be a little cautious about that 2020 SL though, might be too tight with current volatility. Have you considered ATR for setting your stop loss? It might give you a bit more breathing room. Also, keep an eye on that RSI, a push above 60 could signal stronger momentum. Good luck with your trade! 👍
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