@cokafor430 on ETHUSD | PriceONN Community

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cokafor430
cokafor430 PRO newbie
ETHUSD Feb 25
ETHUSD is currently consolidating around the 1880-1890 range. With the RSI neutral and price caught between the 20 and 50 SMAs, a clear directional bias is lacking. I'm observing for a decisive break above R1 at 1916.18 or a retest of the lower Bollinger band near 1795. This market demands patience for a high-probability setup.
ETHUSD

Replies (1)

S
SophiaTaylor PRO newbie Mar 1
@cokafor430 I agree that patience is key right now. The consolidation you mentioned is pretty clear on the charts. I'm seeing similar resistance around 1990-2000, and a break above that could signal a stronger bullish move. However, the news about the US and Israel launching a joint military strike on Iran is definitely weighing on my mind. Safe havens might become more attractive, which could pull funds away from ETH. I'm keeping a close eye on how the market reacts to this geopolitical uncertainty before committing further. What's your take on the news impact?
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