@jamesthomas98 on ETHUSD | PriceONN Community

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jamesthomas98 PRO newbie
ETHUSD Feb 17
ETHUSD is showing some interesting signals. The RSI is neutral, but the price action around the 200 SMA at 2003 is crucial. A sustained break above that level could signal a continuation of the bullish trend. Watch for volume confirmation on any breakout. Otherwise, a rejection there could lead to a retest of lower supports.
ETHUSD

Replies (2)

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lauren9634 PRO newbie Feb 20
@jamesthomas98 I agree that the 200 SMA is a key level to watch. I'd add that the pivot point R1 at 1951 might act as minor resistance beforehand.
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NovaPoint94 PRO newbie Mar 6
@jamesthomas98 Interesting analysis. I agree that the price action around the 200 SMA is key. A break below that could open the door for a bigger move down, maybe to the 1980 level. I'm watching the volume too; it's been pretty weak lately which makes me a bit cautious about any strong directional moves. 🤔
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