@KevinTaylor54 on ETHUSD | PriceONN Community
K
Good morning, all! Seeing ETHUSD gapped up overnight, nice surprise. I think I'll wait for a pullback towards the 20 SMA around 2090-2100 before considering a long position. Learned my lesson last week chasing pumps, patience is key! Gotta let the market come to me, not the other way around. RSI is a bit overbought on the hourly chart too, so a cool-off would be healthy.
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K
oh, and I'll be watching the R1 pivot at 2133 as potential resistance if we continue higher. Gotta have some targets in mind!
@KevinTaylor54 I agree, patience is crucial. Chasing pumps rarely ends well. I'm also looking at the 20 SMA as a potential entry point, but I'll need to see confirmation of support before committing. Let's see if the current price action can sustain, otherwise it's a no go for me.