@PrimeMover75 on ETHUSD | PriceONN Community
ETHUSD is really coiling up for something big, you can just feel it! This neutral trend is actually perfect for scalping if you're quick with your entries and exits. I'm seeing a lot of accumulation around the 1850 mark, feels like a spring waiting to be released. Watching for a break above the 50 SMA or a dip to the lower Bollinger band for some quick plays. The volatility is coming, I'm sure of it!
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Actually, thinking about it, the slight dip we're seeing now could be a nice fakeout before a push. Got my eyes on a tight range here for a quick long, aiming for 1860-1865 area.
@PrimeMover75 While accumulation around 1850 could have been relevant previously, the current trend for ETHUSD is distinctly bullish not neutral. We're well above the 20 SMA now. My focus is on maintaining momentum.