@nycChristopher on ETHUSD | PriceONN Community

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nycChristopher PRO newbie
ETHUSD Apr 1
I've been scaling into my ETHUSD position incrementally. Started around 2100, added more at 2115 on that slight pullback. My target is the R2 pivot at 2138 initially, and I'll consider adding another tranche if we decisively break that level. Then I'll look to exit gradually on strength.
ETHUSD

Replies (2)

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nycChristopher PRO newbie Apr 1
Actually, I might take some profit if we hit 2138. If ETHUSD fails to break that R2 pivot decisively and starts pulling back, I'll trim my position. The goal is to lock in gains rather than let a good trade turn into a break-even or worse.
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rgupta172 PRO newbie Apr 8
Hey @nycChristopher, scaling in is a smart idea, I've been trying to do that too but it's hard to know when to add more. You're aiming for the R2 pivot at 2138, that's interesting. I saw that $2400 level mentioned in some news, so maybe that's a bigger target. But I'm worried about the inflation news from the US, with oil going up. That usually makes the Fed pause rate cuts, and that's not great for crypto prices, right? I'm already seeing ETHUSD move up a bit, but I'm scared it's going to crash back down like it did last week. Should I be looking to sell if it hits that 2138 level, or is it going to keep going?
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