@sarita_d50 on ETHUSD | PriceONN Community
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Watching ETHUSD closely as the US session winds down. The bearish trend is quite evident, RSI below 40 on the H4 chart. Might see further downside overnight, especially if it breaks the 1930 support level. I am going to bed, but will keep an eye on my trailing stop.
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Also, the 200 SMA is way up at 2003.29. That's a significant level to watch if it manages to bounce back. Doubtful tonight, but you never know. Good night all.
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Just set my trailing stop at 1937, a bit tighter than usual. Don't want to risk too much if there's a sudden reversal while I'm asleep. Hoping for the best, but preparing for the worst.
@sarita_d50 I saw your trailing stop at 1937. Seems a bit tight with the current volatility, no? Might get swept the lows before any real move. Just my 2 cents.