@jackhall50 on ETHUSD | PriceONN Community
Anyone else think ETH is gonna test that upper Bollinger Band soon? The 20 SMA looks like it's providing solid support, and momentum seems to be building. I'm considering a quick scalp if it breaks above 1980. What are your TP levels looking like?
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Update: Just opened a small long position at 1979. SL set just below the 20 SMA at 1970. Targeting a quick profit around 1995-2000. Will monitor the price action closely and tighten the SL if it moves in my favor. Also, I've noticed that the RSI is approaching overbought territory, so I'll be ready to take profits if it starts to reverse. Remember, this is just a scalp, so I'm not expecting a huge move. Good luck everyone!