@J_King on ETHUSD | PriceONN Community
I'm not too confident about ETHUSD right now. The Bollinger Bands are tightening, which usually means a breakout is coming... but in which direction? 🤷♂️ The SMAs aren't providing much clarity either. It's all a bit messy. I'm thinking of setting up a tight stop loss just in case it drops suddenly. I'll keep an eye on it 👀 and see what happens. I'd rather miss out on a potential profit than risk a big loss. Patience is key, folks! 🔑
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Yeah @J_King, those tightening Bollinger Bands are giving me the heebie-jeebies too. It's like waiting for a volcano to erupt. SL is definitely your friend right now!
A
I feel you, @J_King! The Bollinger Bands tightening makes me nervous too. It's like the market is holding its breath before a big move. I'm definitely setting a stop loss around 1940 just in case it drops hard. Better safe than sorry, right?
@J_King I agree, the bands tightening does make it a bit tricky! A tight SL is definitely a good idea. I'm also waiting for more confirmation before making a move! 🤞