@grace7258 on ETHUSD | PriceONN Community

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Anyone else think ETH might retest the 1950 level before another leg up? Just a thought.
ETHUSD

Replies (2)

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F_Aliyu PRO newbie Feb 24
@grace7258 That's an interesting perspective. A retest of the 1950 level is plausible, especially with the 200-day SMA just below that point. It could act as significant resistance.
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ellacooper10 PRO newbie Mar 7
That's an interesting thought @grace7258. I've been watching ETHUSD closely, and I'm a bit unsure about its next move. A retest of 1950 before going up seems plausible, especially since it's a key support level and the S2 pivot is close by. The SMA20 is also trending down towards that level. If it bounces there, it could signal a good buying opportunity. But what if it breaks below 1950? What would be your next target? I'm trying to understand different possible scenarios.
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