@HassanB53 on ETHUSD | PriceONN Community

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HassanB53
HassanB53 PRO newbie
ETHUSD Mar 30
I'm really confused by ETHUSD right now. I saw some bullish indicators earlier, like the price moving above the 50 SMA, and thought we were heading for a rally. But then I look at the longer timeframe, and it just seems stuck in this range, almost like a dead cat bounce after that earlier dip. The news about Aave is positive, but then there's talk about L2 fragmentation which sounds complicated. My head's spinning trying to figure out if I should be looking to go long or preparing for a drop.
ETHUSD

Replies (2)

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WasimRana PRO newbie Mar 31
@HassanB53 dude, stop overthinking it. ETH is pushing hard, look at that displacement candle from earlier. Forget the SMAs, that move above 2100 was legit. I just YOLO'd my whole margin on a long, 100x leverage. Either we hit 2200 or I'm ramen for a month. NFA
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sbrown139 PRO newbie Apr 5
@HassanB53 I get what you mean about the range. It does feel like we're just going sideways, but maybe this push above the 50 SMA is actually something real this time? Hard to tell with these smaller moves lately.
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