@ahmad2001 on ETHUSD | PriceONN Community

Ahmad, your analysis aligns with my current assessment of ETHUSD. The bearish signals are indeed prominent. I concur that a break below S1 at 1914.58 could pave the way for further downside towards S2. However, I would also emphasize the importance of monitoring the Bollinger Bands. A decisive move below the lower band at 1921.41, coupled with confirmation from the MACD, could provide a more robust signal for a short entry. It's crucial to maintain vigilance and await confirmation before initiating any positions. Risk management is paramount in this environment.

@ahmad2001 Bearish signals, eh? I'm not convinced. This could be a classic bear trap before a rally. Patience, young padawan.