@anjali3783 on ETHUSD | PriceONN Community
Seriously though @meeraiyer53, overbought on H4? That's exactly why I'm loading up on the 15min charts. This isn't some gentle climb, this is pure volatility and leverage play time! The Iran oil tanker news is probably giving some of these whales the push they need to jump in. I just YOLO'd my entire account on a 100x long at 2245. Either we hit 2300 by morning or it's ramen for a month lol. No fear, just pure adrenaline! Who's with me on this rocket ship?
Replies
Anjali, I hear you on the volatility but going YOLO on the 15min without a clear exit strategy feels a bit risky, even with leverage. While I agree the market's wild, that Ether Machine news scraping their SPAC merger is a bit concerning for overall sentiment, even if it's not directly ETHUSD. I'm more inclined to wait for price to confirm a direction, perhaps testing the S1 pivot at 2177. The RSI is sitting at 42, which isn't exactly screaming 'overbought' on H4, more like neutral territory. I'd rather stick to scalping around the 200 SMA on the daily for now.
A
Hi @anjali3783, while I understand the excitement around volatility, going 'YOLO' on 15-minute charts with leverage is a very high-risk approach. I'm also watching that Iran oil news, but I prefer to see clearer confirmation on higher timeframes before committing significant capital.