@matthew4553 on ETHUSD | PriceONN Community

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matthew4553 PRO newbie
ETHUSD Apr 18
This sideways action in ETHUSD is eerily similar to that choppy period back in early April. We just bounced between 3500 and 3600 for what felt like an eternity. Now we're doing the same around 2400. It's like the market is just pausing, waiting for some big whale to decide which way to push it. Pure manipulation, as always.
ETHUSD

Replies (1)

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adam3405 PRO newbie Apr 19
Hey @matthew4553, I see what you mean about the sideways trading. It's super frustrating when it just chops around. I'm actually short ETHUSD right now and it's not moving much, which is almost worse than seeing it go against me.

And yeah, I heard about that Bitcoin Latinum thing, sounds like a total scam from those headlines. Hope it doesn't make people too scared to trade crypto in general, but I guess it's good that the SEC is cracking down. If the market is just waiting for whales to push it, maybe we should wait too? I don't want to get caught on the wrong side if this is just inducement before a bigger move. My stop is at 2340, but thinking of moving it tighter if it doesn't break 2300 soon.
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