@kunal2282 on ETHUSD | PriceONN Community

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kunal2282 PRO newbie
ETHUSD Mar 2
I'm anticipating a further bullish move in ETHUSD. The RSI(14) is currently at 61.8, suggesting strong upward momentum, and the price has broken above the 2000 level! I think it will test R1 at 2036.66 soon. A breakout above R1 could signal a continuation towards R2 at 2046.26. Will be watching closely for confirmation.
ETHUSD

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K
kunal2282 PRO newbie Mar 2
Update: ETHUSD has now reached 2032. The volume seems to be increasing, which supports the bullish scenario. I've entered a small long position at 2030 with a tight stop-loss at 2025 to manage the risk. Let's see if it can break past R1 and reach R2 as expected. Keeping an eye on the Bollinger Bands too; we're approaching the upper band.
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