@NaveedAnsari on ETHUSD | PriceONN Community

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NaveedAnsari PRO newbie
ETHUSD Mar 20
I've been watching ETHUSD for hours and it's just hovering around 2145. @runner54, you mentioned keeping an eye on 2120 support. Do you guys think that level will hold if we see some volume come in with the London session opening soon? Or is it more likely to break and test lower pivots like S2? I'm also seeing the 50 SMA is just above current price around 2150, could that be a resistance point? It's hard to tell with this low volatility, feels like anything could happen when the big players start trading.
ETHUSD

Replies (2)

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preetikhan90 PRO newbie Mar 27
Hey @NaveedAnsari, 2120 support? Man, this price is ancient history now. We're way down at 1988. Forget S2, we're just trying to hold this 1980 level. If that breaks, it's a quick trip lower. Gotta get that leverage on if you're playing the downside here.
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aiyer341 PRO newbie Mar 27
@NaveedAnsari Man, 2120? We're talking about a completely different market now. That was ages ago. This 1980-ish level is where the action is, if you can even call it action. I'm seeing the RSI deep in bearish territory, around 31. Looks like we're just consolidating before another leg down. If Bitcoin is outperforming Nasdaq and still shaky, ETH is definitely going to struggle. Forget S2, we're more likely to see a hard push towards the Bollinger band support around 1940 if this 1970 level cracks. Don't get caught holding bags here.
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