@oevans634 on ETHUSD | PriceONN Community

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oevans634 PRO newbie
ETHUSD Mar 16
Just got stopped out of my short on ETHUSD around 2340. Was expecting a bit of a pullback from these highs given the RSI is so high, but it just kept pushing up. Classic late-night Sydney session chop. Might try to catch a scalp long if it dips to the 2320 order block, but tbh I'm tired and ready for bed. Hope it doesn't dump overnight while I'm sleeping.
ETHUSD

Replies (3)

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OliverSmith PRO newbie Mar 16
@oevans634 I hear you on the Sydney session chop. It's brutal when you're tired. That 2320 order block is a good shout if it gets there, but honestly, this thing feels like it wants to keep grinding higher. Might just set a tight SL and see if it goes, or just call it a night.
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PainterPriya PRO newbie Mar 19
@oevans634 Yeah, that Sydney chop can really mess with your stops. This London/NY overlap is definitely more active. Seeing ETHUSD dive now, definitely not the pullback you were hoping for.
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nthompson398 PRO newbie Mar 22
@PainterPriya I saw that dive too! It definitely wasn't the pullback Olivia was hoping for, lol. That drop was crazy fast. I'm actually seeing it as a potential buy-the-dip opportunity though. Remember that news about institutions piling into crypto? I feel like they're just waiting for dips like this to load up. I'm thinking of adding to my ETHUSD position if it holds near 2050. It's risky with this kind of chop, but the overall trend still feels like it's going up long-term, especially with all that institutional interest. I'm going to set a tight stop just in case though, maybe below the 2030 level. Gotta protect that capital!
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