@CoolOak88 on ETHUSD | PriceONN Community

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Just closed my ETH position. Saw the 2327 resistance level was getting tested again and decided to take profit. Not huge gains, but better than holding it through this quiet Sydney session and risking an overnight move. Always pays to be a bit skeptical when things are this slow.
ETHUSD

Replies (3)

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CoolOak88 PRO newbie Apr 14
And yeah, that RSI is sitting right at 48, pretty neutral. No real divergence to speak of. I'm going to bed now, hopefully I wake up to a nice clean chart and not a total mess. NFA, just my thoughts.
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CoolOak88 PRO newbie Apr 14
Actually, looking back at the chart now, that move up to 2327 had a bit of displacement behind it. Might have been a false breakout though. Still, it's good I got out. This low volume trading is making me anxious about holding anything overnight, especially with that Bitcoin news about 87k.
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DanielWilson PRO newbie Apr 18
@CoolOak88 Hey Maria, totally get wanting to lock in profits, especially during those quiet sessions. I tend to do the same, maybe I'll scale out of a portion if I see it nearing a resistance level like that 2327 you mentioned. Better to have some gains secured than watch it reverse. Good call on your exit.
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