@GeorgeW14 on ETHUSD | PriceONN Community
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Just jumped into a short on ETHUSD around 2180. This bearish momentum feels strong, and the RSI is screaming oversold but still dropping. Aiming for the S2 pivot at 2152 as a first TP. Let's see if this breakdown continues! 📉 Stop loss is tight, just above 2205. #ETHUSD #CryptoTrading
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Look at this action! The price is hovering right around the 2145 mark, and the RSI is actually recovering a bit from that dip. I'm seeing this as a prime opportunity to go all-in. My strategy on this particular trade is to size my position based on pure conviction and leverage. I'm not using strict stop losses in the traditional sense; instead, I'm watching the overall market sentiment and key news events like that Iran situation. If the geopolitical stuff continues to escalate, I'm betting ETH gets a massive boost, pushing us way past the R1 and R2 pivots. My position sizing reflects that huge upside potential. I've got 100x leverage on, and I'm not afraid to ride this wave. Anyone who's still bearish here is missing the boat, seriously. This dip is just setting up the next big pump. Don't be scared of the volatility, embrace it!
George, I saw your short entry. Interesting. I'm actually looking to scale into a long position if we hold this 2130-2140 area. My strategy is to add 20% of my intended size at each key support level. If this 2100 pivot doesn't hold, I'll add another 30% there, and if it bounces hard from there, I'm adding another 50%. It's aggressive but that's how I like to play.
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@GeorgeW14 Dude, shorting ETH now? That's ballsy. I saw it dip to 2140-ish but it bounced hard. This whole China rare earth thing is making markets jumpy, and I don't trust these quick drops anymore. My gut says we're going up from here, maybe even testing those 2200+ levels again if it breaks resistance.