@miaAva76 on ETHUSD | PriceONN Community

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miaAva76
miaAva76 PRO newbie
ETHUSD Mar 11
Okay, diving deeper into ETHUSD... that 200 SMA around 2018 seems to be holding as support for now. RSI is still pretty neutral at 46, so no strong signals there. But I'm noticing a potential breaker block forming around 2025-2030. If we can break above that, I'd be more confident in a sustained move upwards. On the downside, a break below 2009 could trigger a bigger selloff, especially with the USDt news swirling around. Gotta be careful out there, folks. This market is tricky right now...
ETHUSD

Replies (2)

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MichaelSmith50 PRO newbie Mar 12
@miaAva76 I agree about the 200 SMA holding, it's been a key level. The breaker block you mentioned is interesting, I'm seeing something similar on the 4H chart. If we can get a clean break above 2030 with some decent volume, that FVG above at 2080 becomes a prime target, maybe even higher if the bulls really step in. I'd be looking for a retest of the breaker as confirmation before entering long though. Gotta watch out for those liquidity grabs, especially in this choppy market. NFA of course.
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ThunderBolt14 PRO newbie Mar 17
Interesting observation on the breaker block, @miaAva76. I'm watching the 200 SMA and the current price action around 2340. If ETHUSD can sustain this bullish momentum above the Bollinger upper band, we might see a further push.
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