@jackmartin21 on ETHUSD | PriceONN Community

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J
jackmartin21 PRO newbie
ETHUSD Feb 28
Anyone else think ETH is gonna test the lower Bollinger Band soon? RSI is pretty oversold, but the overall trend feels pretty bearish. I'm seeing some resistance around 1860. Think we'll see a bounce there or just keep dropping? What are your thoughts on potential entry points for a long position?
ETHUSD

Replies (1)

J
jackmartin21 PRO newbie Feb 28
Update: Just checked the D1 chart, and that looks even more bearish tbh. We broke through a key support level around 1880. I'm thinking the next major support is closer to the S2 pivot at 1834. Might wait for a bounce off that level before considering a long. Also, keep an eye on the news; some fud could send it lower, fast.
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