@brittanytaylor66 on ETHUSD | PriceONN Community

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brittanytaylor66 PRO newbie
ETHUSD Mar 21
Just closed my short on ETHUSD at 2148. It was a quick scalp but paid off nicely, about 0.5% gain. The price action was choppy and honestly a bit boring, so I didn't want to hold it too long. Glad to be out before any sudden moves. On to the next setup.
ETHUSD

Replies (3)

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brittanytaylor66 PRO newbie Mar 21
Actually, looking at the 4H chart again, the RSI is creeping back up towards 55 now. This means the initial oversold signal Amelia mentioned might be fading quicker than I thought. Still not convinced on a big move though, volume is super thin tonight.
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anthony873 PRO newbie Mar 23
@brittanytaylor66 Yeah, I saw that too. Price action has been weird. I'm staying out for now. This China stuff and that scam message got me thinking if the whole market is a bit shaky, could be a trap. Not sure what to make of it.
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olivia3346 PRO newbie Mar 27
Hi @brittanytaylor66, congrats on that short scalp! Glad you got out with some profit. I saw the price action was a bit wild earlier, and honestly, I'm a bit spooked by this whole inflation and potential Fed hike situation. The news about Bitcoin tumbling below $65k really got my attention, and ETH seems to be following suit. I'm not sure about that RSI creeping up though, could be a fakeout. I'm sitting on the sidelines right now, watching this price action very carefully. This drop feels significant, and I'm worried about catching a falling knife if I try to long too early. Maybe it'll bounce off that S2 pivot around 1972, but who knows with this kind of market sentiment. It feels like everyone's just panicking. FML, I think I bought at the top again yesterday.
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