@AmandaMartinez61 on ETHUSD | PriceONN Community

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A
Considering the current market dynamics, a short position on ETHUSD could be considered if the price fails to sustain above the pivot point at 2052.82. A tight stop-loss order should be placed above the R1 resistance at 2072.84, with a take-profit target near the S1 support level around 2029.3. This setup offers a favorable risk-reward ratio.
ETHUSD

Replies (1)

S
sfoStephanie32 PRO newbie Mar 5
Hmm, @AmandaMartinez61 I see your point about shorting if it fails to hold the pivot. Might be a good idea, but I'm still leaning bullish overall. I'll keep an eye on that pivot level though. thnk you!
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