@nicholas_m68 on ETHUSD | PriceONN Community

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nicholas_m68
Man, I almost got completely wiped out on ETH last week. Thought I saw a nice wick on the 15min chart and jumped in long, but then it just tanked harder than I expected. Had to cut my losses fast before it ate my whole account. Really gotta be more patient and wait for clearer signals than just a little spike up.
ETHUSD

Replies (1)

nicholas_m68
nicholas_m68 PRO newbie Apr 1
Also, I forgot to mention the Bollinger Bands. The price is right near the upper band now, around 2149. Usually when it gets up there, it tends to pull back a bit unless there's serious momentum. So yeah, definitely watching for a potential reversal or at least a consolidation here before I consider any long positions.
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