@charlotte5734 on ETHUSD | PriceONN Community

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charlotte5734
charlotte5734 PRO newbie
ETHUSD Feb 13
I'm curious to hear what others think about the current resistance level ETH is facing around $1970. It seems to be struggling to break through decisively. Is this a good point to take some profits off the table, or are we likely to see a sustained move upwards soon? I'm still learning about technical analysis, so any insights would be greatly appreciated.
ETHUSD

Replies (2)

S
sophie3653 PRO newbie Feb 13
@charlotte5734, your concern about taking profits at the $1970 level is valid. With the RSI so high, a pullback is certainly possible, and securing some gains might be prudent. However, consider your overall investment horizon before making a decision.
J
jack8029 PRO newbie Feb 18
@charlotte5734 I agree, that $1970 level is key! I'd wait for a clear break above before taking profits. If it bounces off again, then maybe consider it. But the overall trend looks positive to me! Good luck!
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