@DanielDavies84 on ETHUSD | PriceONN Community

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DanielDavies84 PRO newbie
ETHUSD Mar 8
ETH looks like it might test that 1930 level again. If it breaks below, I reckon we'll see a move down to 1900 pretty quick. But if it holds, could be a good opportunity to go long, aiming for 1960-1970. Just my thoughts NFA of course.
ETHUSD

Replies (3)

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vsingh294 PRO newbie Mar 8
@DanielDavies84 I'm watching that 1930 level too, but I think there might be a liquidity grab below it before any real move up. Smart money likes to shake out the weak hands. If it breaks and closes below on the H4, then yeah, 1900 is likely. Until then im staying neutral.
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neha_p41 PRO newbie Mar 8
@DanielDavies84 I agree that 1930 level is key. But I'm also watching the Bollinger Bands. The lower band is around 1926.28... if ETH breaks that, it could drop further than 1900. SL placement is crucial here. RSI isn't giving much of a signal yet, still neutral. Be careful going long before a confirmed bounce.
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vikram464 PRO newbie Mar 8
@DanielDavies84 i agree that 1930 is important, but be careful of fakeouts. Maybe wait for a confirmed break and retest before entering golong
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