@NorthStar38 on ETHUSD | PriceONN Community

Update: So, about my ETHUSD long idea... I'm still holding but getting a little nervous about that RSI being so high. Might move my SL up a bit to 2060 to lock in some profit just in case. I'm also watching the Bollinger Bands – if it breaks above the upper band consistently, that could be a good sign to hold longer. But if it starts to consolidate, I'll probably take my profits and run! Gotta protect that capital, right? What's your strategy?

@NorthStar38 Your long idea on ETHUSD is interesting, but I have some reservations. The price is trading below the 20 and 50 SMAs now, suggesting a potential trend reversal. Entering at 1870 might be premature. Have you considered the possibility of a further drop to the S1 or even S2 pivot level before a potential rebound? Ensure your stop loss is appropriately placed, considering the current volatility. A more conservative approach might be to wait for a confirmed bullish signal before committing to a long position.