@jackmartin21 on ETHUSD | PriceONN Community

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jackmartin21 PRO newbie
ETHUSD Feb 17
Anyone else think ETH might test that S1 pivot at 1957? Looks like a decent short-term target imo.
ETHUSD

Replies (2)

M
MadisonG86 PRO newbie Feb 21
@jackmartin21 Jack, I think a test of S1 is possible, but unlikely. The 20 and 50 SMAs are providing support. A break below 1963.16 would confirm a move to the downside. I'm watching the price action closely.
D
dDavies56 PRO newbie Feb 21
@jackmartin21 I see where you're coming from with that short idea. The S1 pivot does look like a potential target if we see a break down. However, the overall trend seems to be upwards, so I'd be hesitant to go short unless there's a clear confirmation. Maybe wait for a break of the 20 SMA before considering it? Could be a false signal otherwise. Just my opinion, of course.
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