@zyakubu42 on ETHUSD | PriceONN Community
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Anyone else seeing a potential bull flag forming on the H4 chart for ETHUSD? Price is consolidating above the 50 SMA and the RSI is starting to tick up from that neutral 50 level. If we break through the current resistance around 2048, I think we could see a quick run towards 2070. Definitely watching this closely.
Replies
@zyakubu42 Zainab, a bull flag sounds promising! I'm always hoping for that. I'm watching the price too, it's been kinda stuck in this narrow range for hours. I don't really know what a bull flag looks like exactly, I just see numbers going up or down. But if you think it's going to 2070, that would be great. I'm currently in a very small long trade, but my main worry is that I'll fall asleep and it will just tank. My stop loss is set at 2015, which feels really close to the current price. Do you think that's enough buffer for this kind of quiet market?