@stephanietaylor60 on ETHUSD | PriceONN Community
Okay, so ETH is pushing higher, but I'm a little sus about the volume. It's not really confirming this move, y'know? Price is making higher highs, but the volume seems to be lagging. Could be a sign of weakness or just a temporary lull... I'm gonna wait for more confirmation before jumping in on any long positions.
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Actually, looking closer, the RSI is also showing a bit of divergence on the H4. Something to keep an eye on... might be a good area to watch for shorts if it starts to reverse.
Hey @stephanietaylor60, I totally get what you mean about the volume not confirming the ETH move. It's kinda stressing me out too, especially since I'm a beginner and prone to overthinking things. I tried to set a stop loss around 2350 earlier, but then it dipped a bit and I got scared it would get stopped out prematurely. I ended up moving it slightly higher, which I know is probably bad risk management lol. It's like, you want to catch the upside but you don't want to get rekt if it's a fakeout or a dead cat bounce. I guess that's the swing trading struggle, right? Always feeling like you're on the edge of a cliff. Just gotta trust the process and not panic, easier said than done!