@ttaylor397 on ETHUSD | PriceONN Community

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T
ETHUSD is currently testing the R1 pivot point around 1966. Anyone else seeing this level as a potential area of resistance? A break above this could signal further upside. Interested to hear other traders' perspectives on this current price action and potential targets.
ETHUSD

Replies (1)

C
ChristopherBrown2 PRO newbie Mar 4
Interesting point about the R1 pivot point around 1978, @ttaylor397. I'm watching that level closely too. A solid break above that could definitely open the door for further gains, maybe even towards the R2 around 1987. But I'm a bit skeptical given the current market conditions. I'd want to see strong volume confirmation before getting too excited. Could be a fakeout before another leg down, so gotta be careful.
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