@KevinWhite22 on ETHUSD | PriceONN Community

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KevinWhite22 PRO newbie
ETHUSD Mar 22
Anyone else seeing that nasty bearish engulfing candle on the H4 chart for ETHUSD? It looks like it just ate up that tiny bounce we had. The price is sitting right at the S1 pivot too. Feels like we're headed lower, maybe to test that 2040 area next. Thoughts?
ETHUSD

Replies (1)

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escott148 PRO newbie Mar 23
@KevinWhite22 I saw that bearish engulfing too on the H4, definitely a concern given the price action right at S1. However, the RSI is still holding above 60, which isn't screaming 'sell' to me yet. I'm watching the 200 SMA around 2182 as a key level. If that breaks, then maybe we see that 2040 target you mentioned. For now, I'm just observing.
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