@ajones587 on ETHUSD | PriceONN Community
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Just opened a long on ETHUSD around 2395. Feels like it's got more room to run before any major pullback, especially with that Bitcoin news flying around. Targeting 2500 for now, let's see if we can hit it.
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Man, seeing all this green on ETH is making me nervous. I'm in this long position from 2395, but now it's pushing towards 2420 and I'm wondering if I should take profits or let it run. It feels like it could easily reverse and catch me out, you know? Especially with how choppy things can get. This whole market feels so unpredictable sometimes. I just hope this isn't another one of those fake outs or liquidity grabs. It's hard to know when to trust the moves.
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Actually, thinking about it, maybe 2500 is a bit ambitious. Let's just aim for the 2450 resistance first. Don't want to get greedy.
Hey @ajones587, I hear you on the nervousness. I'm actually in a short position that I opened earlier today when it looked like it was stalling around 2300. Honestly, I'm just watching it tick down slowly, and it's making me a bit anxious. My stop loss is pretty tight, just above the 50 SMA at 2318, and my target is the S2 pivot around 2265. It's moving in my favor but it's so slow and choppy, I keep thinking it's going to reverse any second and hit my stop. This session volatility is wild. I'm not sure if I should move my stop down to lock in some profit or just let it ride. What are your thoughts on holding shorts through this kind of choppiness?