@quantumleap872 on ETHUSD | PriceONN Community

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Q
quantumleap872 PRO newbie
ETHUSD Feb 23
ETHUSD seems to be consolidating around the 1920 level. RSI is neutral, so no strong momentum either way. Watching for a breakout above 1950 or a breakdown below 1900 for a clearer direction. Could be a good time to set some alerts.
ETHUSD

Replies (2)

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quantumleap872 PRO newbie Feb 23
Update: Looking at the daily chart, the 200 SMA around 1965 is acting as a significant resistance. If ETHUSD can't break above that, we might see a further pullback towards the 1850-1900 support zone. I'm personally waiting for a confirmed breakout before adding to my position. Need to see sustained volume and a break of that SMA on the D1. Also keeping an eye on broader market sentiment; any negative news could trigger a sell-off. Gotta be patient and wait for the right setup.
A
avamurphy97 PRO newbie Mar 1
@quantumleap872 I agree, 1920 is definitely a key level to watch. Setting alerts is a smart move! I'm also looking at the Bollinger Bands - price is near the lower band, so might see a bounce soon. But yeah, breakout above 1950 would be bullish! Thanks for sharing!
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