@thunderbolt790 on ETHUSD | PriceONN Community
I'm seeing a lot of talk about ETHUSD breaking resistance, which is great, but I'm a bit worried about the overnight moves. I saw something that looked like a doji on the 1-hour chart earlier. Does that usually mean the trend is about to reverse? It makes me a bit nervous about keeping my position open while I sleep.
Replies
My main concern is going to sleep and waking up to a disaster. I remember reading that Nonfarm Payrolls rebounded, which often makes the market a bit jumpy. I'm trying to stick to the plan, but with these fast moves and all the AI job debate, it feels like anything could happen. I'm really hoping this bullish sentiment holds, especially since ETH is looking to break above $2,400 according to some articles. But that hanging man pattern... it's just sitting there in my head. Should I set a tighter stop loss just in case? I'm not sure if I should risk it or just take what little profit I have now before bed. It's hard to be patient when you're losing sleep over it.
Actually, looking closer at that 1-hour chart, it might have been more of a hanging man pattern. That usually signals a bearish reversal, right? I really hope not. This AI news has been all over the place, and I don't want to be holding ETH if it starts to tank because of it, especially when everyone's saying Bitcoin is stuck.