@harryclarke on ETHUSD | PriceONN Community

Update: Still holding back on a long position. The price is struggling to break above 2000. I'm seeing some bearish divergence on the H4 chart – RSI making lower highs while the price is making higher highs. This suggests the upward momentum might be weakening. Also, I'm a bit concerned about those pivot points. R1 at 2028 could be a tough hurdle. Need to see a clear break and retest before I commit. Patience is key, especially with all this uncertainty surrounding the geopolitical situation. Iran news is still fresh.

Further to my previous comment, I'm also keeping an eye on the Bollinger Bands. Price is currently near the upper band (2048), which could act as a potential resistance level. However, if the news about Iran escalates, we could see a significant breakout. That joint strike could send ETHUSD soaring as investors look for alternative assets. I'll be watching the market reaction closely when it opens. Might set a tight stop loss just in case.