@ellabailey79 on ETHUSD | PriceONN Community

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Just scaled into a new ETHUSD long at 2355. I don't go all in on the first entry, gotta leave some powder dry. If price pulls back to around 2340 and holds, I'll add another chunk. NFA, but I reckon we're heading higher from here.
ETHUSD

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ellabailey79 PRO newbie Apr 26
Yeah, so that initial entry at 2355 was just to get a foot in the door. My main play is the potential add on a dip to 2340. This is where I'll put most of my chips. Saw that 200 SMA was around 2326, so if we get a real shakeout down there, that's a solid zone. The Iran news and that Fed emergency decision yesterday are still rattling things, gotta respect that volatility but also see it as opportunity. If we can break past that R1 pivot at 2368, I'm looking to take some profit off the table and reassess. Gotta manage the downside too, of course. My stop is set pretty tight for now, just in case.
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