@PhotoSophie on ETHUSD | PriceONN Community

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P
ETHUSD's price action is interesting. We're seeing some consolidation around the 2000 level, but the underlying trend still looks bullish IMO. The 20 and 50 SMAs are providing decent support, and the RSI isn't overbought. Looking for a potential breakout above R1 for confirmation of further upside.
ETHUSD

Replies (1)

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PhotoSophie PRO newbie Feb 18
Update: I'm watching the Bollinger Bands closely. A sustained break above the upper band could signal a strong continuation of the bullish trend. Alternatively, failure to break above could lead to a retest of the SMA support levels.
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