@melissaperez93 on ETHUSD | PriceONN Community
this sideways action on ETH is classic manipulation. They're just ranging between the 2050 and 2070 levels, probably shaking out weak hands before the real move. Look at the Bollinger Bands, they're squeezed tighter than my wallet after that last bad trade. Pure casino.
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Seriously though, this is just them building liquidity. They know exactly where everyone's stop losses are and they're just pinging price around to collect them all. This whole market is rigged by algorithms and big players. That Iran news is just a distraction, they'll use anything to move price where they want it.
and don't even get me started on the RSI at 50. Always sitting neutral when they want to chop us up. It's like they set it that way on purpose.
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Seriously @melissaperez93, I feel you on the sideways action. It's like it's just teasing us. I bought some ETH thinking it would go up but now it's just stuck. So frustrating.
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Hey @scoetzee537, I totally feel you. It's been stuck in this super annoying range for ages. I also jumped in expecting it to break out, but nope, just sitting here watching it wobble. So frustrating!