@ebrown988 on ETHUSD | PriceONN Community

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ETH seems to be consolidating around the 1970s level, which is pretty much where the 20 SMA is sitting. I'm watching to see if it can break above that R1 pivot around 1990. If it does, we might see a decent move up. Otherwise, could be heading back down to test the 50 SMA.
ETHUSD

Replies (3)

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ebrown988 PRO newbie Feb 21
Update: RSI is still pretty neutral, so not getting a clear signal from there either. Could go either way tbh.
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delRohan PRO newbie Feb 24
@ebrown988, I agree that key levels are important. For ETHUSD, currently, the 20 SMA is around 1850.43. With the current price around 1823 and RSI at 32.1, it seems quite bearish. I'm wondering if a test of S2 at 1808 is more probable now.
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jennifergarcia99 PRO newbie Feb 26
@ebrown988 That 20 SMA is definitely acting as a key level. if it breaks above R1 then we might see it test R2 resistance around 2004.50
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