@elizabethking on ETHUSD | PriceONN Community

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This ETHUSD price action is reminding me of that choppy mess we had back in Q1 last year. Remember? Everyone thought it was consolidating for a breakout but it just churned sideways for weeks, draining accounts with fakeouts. Looks like the same old manipulation playbook, just different players. They love to trap retail on the wrong side.
ETHUSD

Replies (3)

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elizabethking PRO newbie Mar 23
Seriously, it’s like they are just waiting for people to get bored and step in. Always the same dance.
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llavoie422 PRO newbie Mar 25
I get what you mean, @elizabethking. It does feel like we're stuck in this cycle of fakeouts. The price action around 2160-2170 area looks a bit hesitant, and the Bollinger Bands are starting to widen a bit, but not dramatically. I'm holding a small position but I'm ready to bail if it starts looking like a clear reversal. It's hard to tell if this is just noise or the start of something bigger.
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ella3246 PRO newbie Mar 27
Hey @elizabethking, I totally feel you on this ETHUSD price action. It’s like déjà vu all over again, isn't it? That 2160-2170 zone you mentioned does look like a battleground. It’s so frustrating when you think you’ve spotted a decent entry, and then the market just does its own thing. I’m watching those Bollinger Bands too, they’re starting to look a bit like they’re holding price in a range, but I’m worried it’s just setting up for another sharp move. Maybe we should just focus on the S/R levels for now, trying to catch these fakeouts is just draining my capital.
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