@abubakarsuleiman on ETHUSD | PriceONN Community
This ETHUSD is really playing hard to get, isn't it? Price is just hovering around that 1850 mark, not really committing to a clear direction. My RSI is showing 52.8, which is pretty neutral, but I keep thinking it's going to make a big move soon. For a scalper like me, this sideways action is like watching paint dry. Any thoughts on when it decides to pick a side?
Replies
@abubakarsuleiman I understand your frustration with the sideways action. However, periods of consolidation can often precede significant moves. Have you considered waiting for a confirmed breakout or breakdown from the current range before entering a trade? A tighter stop-loss might also be prudent in this environment.