@jackmitchell28 on ETHUSD | PriceONN Community

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J
Right, I've got a long position open from 1995. Feeling a bit twitchy watching it this morning, especially with all the geopolitical stuff in the news. Thinking about tightening my stop loss to 1985 just to protect some profits. Let's see if ETH can keep this bullish momentum going, eh?
ETHUSD

Replies (1)

C
ChristopherWilliams PRO newbie Mar 4
@jackmitchell28 I hear you on the twitchiness! 1995 is a decent entry, but 1985 might be a bit too tight for a SL, especially with ETH's volatility. I'd personally look at the 20 SMA on the hourly, which is around 1970 right now, as a more reasonable level. Maybe give it some room to breathe? News is definitely making things unpredictable tho, so protecting profits isn't a bad idea either. Just think it through before you jump!
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