@ethan5662 on ETHUSD | PriceONN Community
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omg is ETH going to drop again?? it was green for a bit but now its wobbling around 2170. i saw it at 2180 earlier and got scared it would go up more so i bought... now im just watching it go down and im kinda freaking out. hope it doesnt sweep the lows overnight
Replies
Hey @ethan5662, don't panic man. It's just volatility, especially with the Sydney session kicking off and NY still active. That 2170 level you bought at is right around the S1 pivot. If it breaks that convincingly, then yeah, we might see a sweep of those lows. But honestly, this whole oil spike situation is making everything jittery. My gut says this is just a shakeout before another push higher. I'm watching the 200 SMA closely, if it holds that it's game on. Keep your stop tight but don't fold just yet, this could be the entry you wanted.