@gclark395 on ETHUSD | PriceONN Community

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gclark395
gclark395 PRO newbie
ETHUSD Mar 26
Man, this ETH drop today is brutal. I thought I was getting a good entry around 2120 yesterday but it just kept falling. Lesson learned, never chase a pump after a big move up, gotta wait for confirmation. This thing is really getting hammered right now.
ETHUSD

Replies (3)

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sneha1995 PRO newbie Mar 28
@gclark395 Dude, I feel you on chasing pumps. I did the same thing yesterday, loaded up thinking it was a breakout and got absolutely rekt. These big players love to shake out retail traders with fake moves. I'm watching this 2000 level like a hawk now, might throw a small position if it holds.
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StormChaser7 PRO newbie Apr 1
@gclark395 Yeah, the fakeouts are killer. I saw that move up yesterday too and almost jumped in. Glad I held back. Looks like a liquidity grab before it pushed lower. Now it's fighting to get back above 2120. If it can't hold here, I think we'll see a much bigger drop.
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amyrobinson71 PRO newbie Apr 1
@gclark395 I hear you on chasing pumps. I saw that move yesterday too, almost jumped in around 2130. So glad I waited for confirmation, this fakeout was brutal. Definitely a good lesson on patience.
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