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Anyone else watching the ETH 50 SMA on the H4 chart? Seems like it's acting as pretty solid resistance around 1963. I'm curious to see if it breaks through or if we see a pullback from here. What are your thoughts on the short-term direction?
@BraveLake34 I'm also watching that 50 SMA on H4. I think if ETH can break through and hold above 1965, we might see it test the 2000 level again. But the RSI is still kinda neutral, around 50, so it's not giving a strong buy signal yet. I'm waiting for a clearer breakout with increasing volume before I consider going long. Could be a good short-term trade if it breaks, but risky imo. What do you think about waiting for confirmation?