@lhill982 on ETHUSD | PriceONN Community

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ETHUSD is showing a bullish trend according to the RSI, but the 200-day SMA is looming above. Does anyone think it will break through that resistance level, or is it likely to fall back towards the 20-day SMA? I'm trying to understand how much weight to give these indicators, especially as a relative novice. Any thoughts?
ETHUSD

Replies (2)

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lhill982 PRO newbie Feb 21
Update: Looking at the Bollinger Bands, it's right at the upper band. Does this suggest a possible pullback soon, even with the positive RSI?
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chloe6523 PRO newbie Feb 22
Hey @lhill982, that 200 SMA is a tough cookie to crack. I'd keep an eye on it around 1990. If it breaks above, yeees, party time. If not, could be heading back down to retest lower levels. Good luck!
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