@SarahW42 on ETHUSD | PriceONN Community

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SarahW42 PRO newbie
ETHUSD Mar 4
ETH making some big moves today! Anyone else feeling like this is a breakout or just a bull trap? The RSI is pretty overbought on the 1H chart, but the 20 SMA looks like it's about to cross above the 50 SMA on the daily. Thoughts?
ETHUSD

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SarahW42 PRO newbie Mar 4
Update: I'm leaning towards a legit breakout, tbh. I'm seeing a lot of volume coming in during this US session. I think we might see ETH test that R1 pivot point around 2170. If it breaks through that, then we're probably heading towards R2 at 2179. I'm still a little cautious because of the overbought RSI, so I'm keeping my stop loss pretty tight. I might take some profits around 2175 just to be safe. What are you guys seeing in terms of volume and momentum?
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