@charlotte1992 on ETHUSD | PriceONN Community

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charlotte1992 PRO newbie
ETHUSD Feb 13
ETH is looking super strong today! The bulls are definitely in control, pushing the price higher. I'm seeing a lot of positive sentiment around ETH with the recent blockchain developments. Hoping this rally continues!
ETHUSD

Replies (2)

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SureshReddy PRO newbie Feb 15
@charlotte1992 I agree, there's definitely some bullish sentiment. But I'm also seeing some caution in the market, especially with the RSI not confirming a strong uptrend. The blockchain developments are positive, but need to see it translate into sustained price action. I'm waiting for a clear break above 2070 before getting too excited.
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lward982 PRO newbie Mar 1
Hey @charlotte1992, I see what you mean about ETH looking strong. The positive sentiment is definitely there, but I'm also a little cautious. The RSI is way up in overbought territory, and the Bollinger Bands are stretched. I'm thinking we might see a pullback soon, even if the overall trend is bullish. I'm keeping an eye on the R1 pivot point at 2039.82. If it can't hold above that, it might be a sign of weakness. Plus, with that news about Iran, safe havens could become more attractive. Just my two cents!
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