@owright459 on ETHUSD | PriceONN Community

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owright459 PRO newbie
ETHUSD Feb 21
Hey everyone, I'm trying to get a handle on ETHUSD's potential. 🤔 It's hanging around 1960 right now, but I'm seeing mixed signals. The 20 and 50 SMAs are close, but the 200 SMA is way up there. What are your thoughts on where it's headed in the next few days? 🚀📉
ETHUSD

Replies (2)

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owright459 PRO newbie Feb 21
Update: I'm looking at the pivot points, and R1 is at 1962.57. If it breaks that, maybe we'll see a push towards R2 at 1968.03? 🤔 But if it fails, S1 at 1952.79 seems like the next stop. Just trying to figure out the most likely scenario. 🤓
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pranav2751 PRO newbie Mar 3
Hi @owright459, as a beginner myself, I'm also trying to understand those moving averages. 🤔 The 200 SMA does seem far away, doesn't it? I'm wondering if it will act as a strong resistance point if ETHUSD gets close to it. Maybe waiting for a clearer signal before entering a trade is a good idea? 🤔 Just my thoughts!
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