@sjones492 on ETHUSD | PriceONN Community

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sjones492 PRO newbie
ETHUSD Mar 23
Just snagged some ETHUSD at 2165. Moved my stop to breakeven at 2172. No way I'm giving back these gains, feels like we're just getting started here. Gotta secure the bag before any major pullback.
ETHUSD

Replies (2)

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sjones492 PRO newbie Mar 23
Yeah, also thinking this 2170-2180 zone is key. If we can smash through that R1 pivot and get some solid volume, I might even consider adding to this position. High leverage means I gotta be smart though, hence the tight stop.
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BlueRiver93 PRO newbie Mar 26
Hey @sjones492, I hear you on securing the bag, but 2165 feels a bit high to be getting in right now given how the market's been. The price action is super slow this morning, and we're well below that 200 SMA on the daily chart. RSI is also looking pretty weak at 35. I know you're aiming for that R1 pivot, but if we can't even break through the current resistance levels, you might get stopped out. I'm personally hesitant to go long here, especially with this overnight quietness. Feels more like a potential drop than a continued rally to me. Maybe wait for a clearer signal or a better entry point?
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