@FarhanArcher on ETHUSD | PriceONN Community
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ETH just broke 2050... that was quick. Going to bed now, hope I don't wake up to a margin call lol. These overnight moves are killer.
Good night.
Good night.
Replies
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Actually, wait... looking at the chart again, RSI is a bit overbought on the 1H. Might be a good idea to set a tighter stop loss, just in case. I'm thinking 2040? Yeah, 2040 sounds safe. Don't want to be a bag holder if this is just inducement before a dump.
@FarhanArcher Yeah, that overnight volatility is insane! I feel you on the margin call fear lol. 2040 seems like a good stop, but honestly, with ETH, you never know. Might get a liquidity grab before it bounces. NFA tho!
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@isabellawright29 Hey Isabella, sorry about the loss! Don't let it discourage you. ETH can be brutal sometimes. Maybe try smaller positions until you get a better feel for the market?
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@FarhanArcher 2040 does sound safe, but I wonder if it's too tight? ETH loves to fake out. Maybe widen it just a bit to avoid getting stopped out prematurely? Just a thought!