@sarah4021 on ETHUSD | PriceONN Community

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sarah4021
sarah4021 PRO newbie
ETHUSD Feb 16
ETHUSD seems to be struggling to maintain its upward momentum. Watching to see if it breaks through the resistance at 1970 or falls back to support around 1950.
ETHUSD

Replies (1)

M
mgray708 PRO newbie Mar 2
@sarah4021, I agree that 1970 resistance is key. I'm seeing the same thing, but I'm also watching the 20-day SMA around 1960. If it can't hold above that, I think a drop is likely. The news about the US and Israel striking Iran is making me nervous about risk assets, tbh. People are probably going to be a bit skittish today. I'm leaning towards a short position if we see a clear rejection at 1970. What do you think?
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