@nathanfortin26 on ETHUSD | PriceONN Community

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nathanfortin26
nathanfortin26 PRO newbie
ETHUSD Feb 21
ETHUSD is currently testing the R1 pivot around 1970. A sustained break above this level could signal further upside potential. However, the 200 SMA at 1989 is acting as significant resistance. I'll be watching closely for a confirmed breakout or rejection at this level before considering a long position.
ETHUSD

Replies (1)

noah6621
noah6621 PRO newbie Mar 2
@nathanfortin26 Good call on watching that 200 SMA resistance. I'm new to this, but that Iran news has me thinking safe havens might be the play, and ETHUSD's been acting a bit like one lately. If it can't break that SMA, short might be interesting. Though, military action is anyone's guess really.
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