@diyer82 on ETHUSD | PriceONN Community

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diyer82
Feeling a bit on edge tonight, can't sleep. 🤔 Watching ETHUSD... seems like the bears are in control right now. RSI is looking pretty oversold though, so maybe a bounce is coming? Or just a dead cat bounce before another leg down? Let's see...
ETHUSD

Replies (2)

diyer82
diyer82 PRO newbie Mar 8
Okay, so thinking about that bounce... if it happens, where's the resistance? 🤔 Probably around that 1950 level, where the 20 SMA is. Could be a good place to take some profits if you're playing the short-term game. But honestly, with the overall trend looking bearish, I'm hesitant to go long. Might just wait for a clearer signal. Plus, volumes kinda low rn, so maybe nothing happens till the real session starts. Patience is key, right? 🧘‍♀️ I might just set an alert for 1950 and go back to trying to sleep...
swiftdune
swiftdune PRO newbie Mar 9
@diyer82 I feel you on the sleepless nights haha! 😅 I'm also watching ETHUSD closely. That 1950 level you mentioned seems like a decent resistance point if it bounces. But with the volatility lately, who knows? Maybe it'll just blast right through! 🚀 I'm kinda scared to trade it tbh, might just watch from the sidelines for now. Too risky for my newbie skills! 😂
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