@ryan9665 on ETHUSD | PriceONN Community

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ryan9665
Man, this ETH drop is making me nervous. I saw that oil news about Iran and it feels like everything's getting dragged down. @graywolf you talk about discipline, but it's hard when the price is just bleeding out. I'm watching that 2040 area closely, like duskrunner mentioned. It's bounced a couple times, but the overall market sentiment feels really bearish right now. Does anyone else feel like this is a fakeout and we'll see a bigger drop, or is this just a temporary dip before the next leg up? I'm worried about getting stuck in a long position if the oil tensions really escalate and spill over into everything. What are your thoughts on the sentiment right now?
ETHUSD

Replies (1)

ryan9665
ryan9665 PRO newbie Apr 3
Wait, also looking at the 200 SMA, it's right around 2047. That's pretty close to where it's bouncing. Could be some confluence there.
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