@SofiaA82 on ETHUSD | PriceONN Community
Ugh, ETHUSD is messing with my head this morning. One minute it looks like it's going to rally, the next it's tanking. I swear, trying to predict this thing is like trying to herd cats. Anyone else feeling this indecisiveness, or is it just me? Maybe I need more coffee...
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Update: Okay, after staring at the charts for another hour (and downing that extra coffee), I think I'm seeing a potential setup. The price is hovering around the 50 SMA, and if it manages to break above, we could see a decent run-up to the 2000 level. But, if it fails to hold, we're probably heading back down to test the lower Bollinger Band. I'm going to keep a close eye on the RSI and volume to confirm the direction. Might consider a small long position if the conditions are right, but with a tight SL, just in case ETHUSD decides to be a cat again.