@jjohnson630 on ETHUSD | PriceONN Community

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J
jjohnson630 PRO newbie
ETHUSD Apr 7
Just closed a small scalp on ETHUSD from 2115 to 2125. Managed to catch that brief spike yesterday evening. It reinforces the need to stick to defined risk parameters, especially with this choppy action around the 50 SMA. Not chasing big moves, just grinding out small wins until a clearer trend emerges.
ETHUSD

Replies (2)

J
jjohnson630 PRO newbie Apr 7
Yeah, the 200 SMA is still below current price though, so that medium-term uptrend might still be intact. Need to see if we can hold above the 50 SMA on the daily chart for confirmation.
S
siddharthvyas18 PRO newbie Apr 10
Good job closing that scalp @jjohnson630! But honestly, small wins are for scared traders. With this Iran news potentially impacting oil and risk appetite, and the DXY dropping, we should be going all-in on this ETH surge. The 50 SMA is irrelevant when you're aiming for 50x leverage. Let it rip!
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