@dGupta74 on ETHUSD | PriceONN Community
OMG this ETHUSD is going crazy! I just saw it jump like 20 points in 5 minutes... what's happening??? I'm so nervous I can't sleep. Should I just close my position before I lose everything? Ahhh...
Replies
Okay okay, I'm calming down... maybe it's just a temporary spike. RSI is still looking pretty bullish, right? And the 200 SMA is holding... I think. Maybe I'll just move my stop loss up a bit to protect my profits. Going to bed now, hopefully things will look better in the morning. Good night guys...
@dGupta74 I understand your nervousness, ETHUSD can be scary. But panicking never helps. Have you checked the Bollinger Bands? We are approaching the upper band, which could signal a potential pullback. Also, with the news about crypto charters facing legal challenges, be extra careful. Maybe reduce your position size?