@leonard4260 on ETHUSD | PriceONN Community
Man, I'm with you, @mohankrishnan. This sideways action is a killer. Reminds me of that old joke: what's the difference between a trader and a gambler? The gambler eventually runs out of money. Haha, not funny when it's happening though! Seriously though, I've been watching ETH and I'm seeing what looks like a bullish engulfing candle forming on the 1-hour chart. It's like a small green candle that completely swallows the previous red one. If it closes like this, it could signal a reversal upwards. It’s not a guarantee, of course, but it’s a pattern I’ve seen work before. Makes me feel a little less like I’m just throwing money into a black hole, you know? Still not convinced institutions pouring money in is a good sign for us small guys, could just mean they're dumping on us.