@rgupta502 on ETHUSD | PriceONN Community

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R
rgupta502 PRO newbie
ETHUSD Mar 2
Morning folks. ETH seems to be consolidating around 1940. I'm waiting for a clear breakout before entering a position. Keep an eye on those Bollinger Bands, could give us a clue. Patience is key, especially with all this uncertainty in the market after the Iran news, might be a bumpy ride for a bit.
ETHUSD

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R
rgupta502 PRO newbie Mar 2
Update: Still watching ETH. Volume is still kinda low, so not convinced about a breakout just yet. The 50 SMA is acting as support, but I'm not convinced it will hold if selling pressure increases. Will keep monitoring throughout the day. Maybe a small long position if it bounces cleanly off 1930-1935ish.
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