@ddavis899 on ETHUSD | PriceONN Community

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ddavis899
ddavis899 PRO newbie
ETHUSD Feb 20
Just noticed ETHUSD broke past the upper Bollinger Band. RSI is still kinda in the middle, but the price is pushing higher. I wonder if this is a real breakout or just a temporary spike. Gonna wait and see if it holds above 1972 before making any moves. Risk management first, always!
ETHUSD

Replies (1)

ghill106
ghill106 PRO newbie Mar 1
@ddavis899 I agree, risk management is key. Waiting for confirmation is a wise move. I've been burned before by jumping the gun on breakouts. Keep an eye on the volume too; a genuine breakout should be accompanied by increased volume. Good luck with your trading!
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