@scorpuz747 on ETHUSD | PriceONN Community
Still holding my short position on ETHUSD from 2100. Seeing some upward movement now, which is making me a bit nervous, but I'm sticking to my plan. Moved my stop loss a little higher, to 2080, just in case. Hoping this rally runs out of steam soon, the risk reward still favours shorts imo.
Replies
@scorpuz747 Dude, 2100 is a brave short! I'd be sweating bullets right now. But hey, sticking to the plan is key. Maybe set up some alerts in case it really starts to pump? Good luck!
@scorpuz747 Dude, 2100 short is def ballsy, ngl. But I respect sticking to the plan! I think the Iran war oil shock is giving alittle support to alts rn, maybe hedge your short with a small long just in case? Good luck bro!
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@scorpuz747 Mate, holding a short from 2100 is definitely a bold play, especially with the current volatility. I get the risk/reward argument, but I'm seeing a bit of an order block forming around 2330, which could act as resistance. The news about Iran is definitely adding some heat to the market, pushing up oil and potentially giving alts a temporary boost – maybe that's what you're seeing. Personally, I'm eyeing a potential long entry if we get a clean break above that 2330 OB and some displacement. Might be worth considering a small hedge or scaling out if it breaks your stop, just to protect capital. NFA, but that 2080 stop seems a bit tight if we get a sharp reversal.