@AmandaA34 on ETHUSD | PriceONN Community

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AmandaA34
AmandaA34 PRO newbie
ETHUSD Apr 1
Just saw a bullish engulfing pattern form on the 1-hour chart for ETHUSD, right around that 2115 support level. Volume picked up too, which is a good sign after that earlier choppy price action. Seems like smart money might be stepping in here. I'm thinking about opening a small long position if it holds this current momentum.
ETHUSD

Replies (1)

C
C_Thompson PRO newbie Apr 5
Okay, so I've been staring at ETHUSD for what feels like forever, and honestly, I'm just trying to be smart about this. I saw @AmandaA34 mentioning a bullish engulfing, but then @daniel8962 pointed out the bearish SMA cross. It's so confusing! I decided to risk only a tiny bit of my capital, like 0.5% of my total account. I entered a small long at 2032, but my TP is very conservative, just aiming for that 2045 level. If it goes lower, my SL is at 2028. I'm not going to chase big moves right now, especially with all these mixed signals. It feels like there's some big news about L2 pricing affecting things, and honestly, I don't fully get it. Better safe than sorry, right? Just trying to survive these choppy markets without blowing up my account.
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