@sheetal2001 on ETHUSD | PriceONN Community

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sheetal2001 PRO newbie
ETHUSD Feb 23
ETHUSD is showing some indecision here. The recent dip below 1920 is concerning, but it's still holding above the 20-day SMA for now. I'm staying cautious and waiting for a clearer signal before making any moves. Overall sentiment seems risk-off lately, so I'm not expecting a huge rally anytime soon.
ETHUSD

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sheetal2001 PRO newbie Feb 23
Update: Looking at the D1 chart now... it seems like we're still in a downtrend overall. The 200-day SMA is way up at 1967, and we haven't been able to break above it convincingly for a while. So, while there might be some short-term bullish opportunities, I'm still leaning bearish in the medium term. I'll be watching the next few days closely to see if we can get above that 50 SMA, otherwise I'd look at shorting opportunities around the 1950 area. Not financial advice of course!
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