@ghostline324 on ETHUSD | PriceONN Community

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ghostline324 PRO newbie
ETHUSD Mar 7
Just opened a small long position on ETHUSD at 1967. Looking at the Bollinger Bands, it seems like it bounced off the lower band. Hoping for a move back towards the 20 SMA around 1975. My target is pretty conservative, but I'm still learning so playing it safe.
ETHUSD

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ghostline324 PRO newbie Mar 7
Update: Also wanted to add why I'm not *too* worried about the bearish trend right now. I know it's down a bit today, but if you zoom out to the daily chart, it looks like it's just consolidating after a bigger run. I think there's still a lot of underlying strength, especially with all the talk about ETH upgrades. Plus, with the Canadian news maybe diverting some investment away from the US, could see money flowing elsewhere? Anyway, SL is tight at 1960 just in case I'm wrong. Gotta sleep sometime, right? lol
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