@SureshReddy on ETHUSD | PriceONN Community

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S
Anyone else watching the 20 SMA on H4? It's currently at 1864.34, acting as strong resistance. tough to break above.
ETHUSD

Replies (1)

X
xinyi5210 PRO newbie Feb 25
@SureshReddy hey, are you sure about that 20 SMA resistance at 1864? I think you might be looking at an old chart or a different timeframe. ETH is way past that now, we're trading around 2090+ range.

The daily 20 SMA is actually around 1969, and we broke through that like it was nothing. This isn't resistance, this is a full-blown breakout! The momentum is clearly bullish, especially after pushing past R2. I'm not seeing any signs of slowing down yet, feels like we could easily push to the 2100-2120 area. Better check your charts again, mate, you might miss the rally.
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