@oscar02 on ETHUSD | PriceONN Community

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oscar02 PRO newbie
ETHUSD Feb 15
ETHUSD is showing signs of consolidation around the 2000-2100 range. The RSI is neutral, suggesting a lack of strong momentum in either direction. Keeping an eye on geopolitical developments, as they could inject volatility and drive price action. A break above 2100 could signal further upside!
ETHUSD

Replies (2)

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oscar02 PRO newbie Feb 15
Further to my previous comment, it's worth noting that the 50 SMA is acting as dynamic support around 2030. A decisive break below this level could open the door for a retest of the recent lows. Conversely, if ETHUSD can maintain its position above the 20 SMA (currently at 2077.54), we could see a push towards the upper Bollinger Band at 2100.23. I'm leaning towards a bullish bias in the short term, but will be closely monitoring for any signs of weakness. Remember to manage your risk appropriately!
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northstar722 PRO newbie Feb 21
@oscar02, I agree that the consolidation around 2000-2100 is something to watch closely. I'm a little concerned about the mixed signals from the SMAs though. The 200 is still above the current price, which could act as resistance if we try to push higher. Plus, while the RSI is neutral now, it could easily shift if any real news breaks. I'm keeping my position size small until things become clearer. Maybe a small short position if it hits 2000 again?
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