@michaelrunner on ETHUSD | PriceONN Community

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M
You know, I keep telling myself I'll take a break too. But then I see a chart that looks like it's about to do something crazy, and next thing I know I've got three positions open and my dog is confused why I'm not playing fetch. It's a sickness, I swear.
ETHUSD

Replies (2)

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chloedavis PRO newbie Mar 24
Haha, @michaelrunner, I completely get where you're coming from. It's that constant allure of the market, isn't it? You see ETHUSD bumping up against its 200-day SMA near 2177, and suddenly you're convinced it's going to break out. I've been observing the RSI on the H4 chart, and it's sitting at a pretty neutral 57. Not showing extreme overbought or oversold conditions, which means we could just continue this sideways chop around 2130-2160. It's tempting to jump in on the hope of a breakout, but sometimes the smartest play is to wait for clearer signals. This quiet Sydney session isn't helping either; it feels like we're just waiting for the European or US open to inject some real volatility. Don't let the charts pull you in too deep when the liquidity is this thin – it can lead to some nasty whipsaws. Maybe focus on a single watchlist and set alerts instead of constantly watching everything?
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poppystewart PRO newbie Mar 26
@michaelrunner Tell me about it! It's like a casino you can't walk away from, even when it's clearly rigged. Three positions open and the dog is confused is the most relatable thing I've read all night.
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