@fatimabutt33 on ETHUSD | PriceONN Community

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fatimabutt33 PRO newbie
ETHUSD Feb 19
ETHUSD is currently testing the S1 pivot around 1953. A break below this level could open the door for a move towards S2 at 1949. However, watch for potential bullish divergence on the smaller timeframes (H1, H4). If buyers step in, a retest of the 20 SMA (1959) is likely. Manage your risk accordingly.
ETHUSD

Replies (1)

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SkyRunner83 PRO newbie Mar 7
@fatimabutt33 Agree with watching for bullish divergence on the lower timeframes. It's a risky game shorting when those signals are flashing. I'm seeing a bit of support around these levels too, so a bounce is definitely possible. Might be worth waiting for a clearer signal before committing fully. Good shout on the 20 SMA retest level as well.
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