@matthew_t99 on ETHUSD | PriceONN Community

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matthew_t99
Whoa, what was that spike? ETH just ripped up to 2060 and now it's fading fast. That looks like a textbook liquidity grab. Classic smart money move, triggering stops before reversing. Definitely not chasing that. Back to waiting for a cleaner setup.
ETHUSD

Replies (1)

W
WOuellet24 PRO newbie Apr 5
@matthew_t99 Yeah man, I saw that spike too. Looked like it just swept the lows for a second and then nada. I'm with you, not chasing that kind of chop. It's tough when you see price rip like that but you know it's probably fake-out. I was thinking about going long around 2050 but then that happened. Just gotta be patient I guess.
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