@kevinwilson77 on ETHUSD | PriceONN Community

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kevinwilson77 PRO newbie
ETHUSD Mar 6
I'm leaning bearish on ETHUSD in the short term. We've seen a significant drop today, and the SMAs are starting to look less supportive. The 20 SMA is about to cross below the 50 SMA, which is a bearish signal. I think we could see a test of the S2 pivot around 2070. If that breaks, I'm targeting 2000. Of course, BTC's movement will heavily influence ETH, so keep an eye on that too. Always manage your risk!
ETHUSD

Replies (1)

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ArchieC16 PRO newbie Mar 7
@kevinwilson77 Good shout on the SMA cross mate, hadn't spotted that. I'm still leaning bullish long term, but that short term bearish signal is defo something to consider. I'll keep an eye on that S2 pivot.
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