@keenTide3 on ETHUSD | PriceONN Community
I'm currently holding a small long position on ETH, entered around 1990 last night. Seeing this morning's little jump is encouraging, but I'm also a bit nervous given the overnight session can be so unpredictable. I've got my stop loss pretty tight at 1975 just in case, and a tentative take profit around 2040. Watching closely to see if it can break through that resistance.
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Update: I've decided to move my stop loss up to 1995, just to lock in a bit of profit and reduce my risk. Still aiming for that 2040 take profit, but I'm starting to wonder if that's too optimistic given the current market sentiment. The RSI is looking a bit overbought on the hourly chart, so a pullback is definitely possible. Also, with this news about US and Israel launching joint military strike on Iran, I'm thinking maybe safe havens will become more attractive, so I might close out early depending on how things develop. Better safe than sorry, especially with global uncertainty like this.
C
Hey @keenTide3, 1990! That's a pretty good entry point. Fingers crossed for you! I'd be sweating bullets holding overnight though, tbh. Good call on the tight stop loss!