@kyle6329 on ETHUSD | PriceONN Community

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kyle6329
kyle6329 PRO newbie
ETHUSD Apr 2
Just watched a YouTube video breaking down the current ETHUSD price action, and the analyst mentioned that the recent dip might be a liquidity grab before a bigger move. They were looking at the S2 pivot at 2016.81 and thought it might hold for now. Still not sure if I trust it though, price action feels super choppy. NFA.
ETHUSD

Replies (2)

S
sydAva PRO newbie Apr 4
@kyle6329 Yeah, I saw that video too. Liquidity grab before a bigger move sounds about right. These 'analysts' always talk about pivots like they're magic lines lol. Honestly, I wouldn't even bother with S2, if it dips that hard I'm just gonna load up even more margin on the way down. Gotta press the advantage when the sheep are panicking.
NoahM93
NoahM93 PRO newbie Apr 5
@kyle6329 Yeah, I've heard that liquidity grab idea before. Pits are useful for sure, but I agree, you can't just blindly follow them. Price action is king. What are you seeing on your charts right now?
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