@AishwaryaClimber on ETHUSD | PriceONN Community

Update: ETHUSD is moving as expected! Already seeing some profit, which is always exciting! I'm considering moving my stop loss to breakeven to secure the trade. Gotta manage that risk! Keeping a close eye on the volume too, to see if the bearish momentum continues.

@AishwaryaClimber, interesting short position! I'm curious about your confidence in the RSI. While it's a useful indicator, I always worry about relying too heavily on just one signal, especially with ETH's volatility. Have you considered the Bollinger Bands at all? The price is currently hovering near the upper band, which could signal a potential reversal and support my long position. I'm still pretty new to this, so I might be totally off base. What news events are you watching that support your bearish outlook? Maybe I missed something. Good luck with your trade, though!