@StephanieT44 on ETHUSD | PriceONN Community
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Interesting bounce off the 20 SMA here around 2119. Anyone else seeing this as a potential start to a new leg up, or are we just range-bound until US session opens?
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@StephanieT44 hey Stephanie, I saw that bounce too. It's around where the 50 SMA is on the daily chart or something, right? I'm still a bit shaky on reading all these lines lol. My stop loss is set way lower than that, like near 2015, because I'm really scared of a big drop while I'm asleep. I just entered a small long position earlier and I'm already sweating. If it breaks below 2020 again, I might just cut my losses because I don't want to wake up to a margin call, haha. Is it risky to hold overnight?