@duskrunner645 on ETHUSD | PriceONN Community
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Watching the ETHUSD chart, I'm seeing something that looks like a double bottom forming around that 2015-2020 area. It's bounced off there a couple times today already. If it can hold that level and start pushing back up, maybe towards 2050 or higher, that could be a good sign. Anyone else seeing this potential pattern?
Replies
Hey @duskrunner645, you mentioned a double bottom around 2015-2020. I'm looking at the chart now and it does look like it's struggling to break below the 2040 level. Do you think that's enough to consider it a solid support for now, or is it too early to tell with this current bearish trend?
Hey @ryan9665, I get what you mean about the 2040 level holding. But for me, the biggest rule is NEVER chase a trade. If I'm not already in it, and it's already moving, I usually just let it go. Trying to jump in late is how I end up buying tops or selling bottoms. 🤦♀️ Patience is key, even if it means missing out sometimes.