@jack293 on ETHUSD | PriceONN Community
Righto, ETHUSD is giving me mixed signals today. We've got a bullish trend, but the 200-day SMA is looming like a grumpy neighbour. I'm thinking we might see some sideways action before any major moves. Gotta keep an eye on those support and resistance levels, eh?
Replies
@jack293 Yeah, I'm seeing the same mixed signals. That 200 SMA is definitely a worry. I'm still learning about support and resistance levels, so thanks for pointing that out. I'm a bit nervous about a big move either way tbh. What leverage are you using, if you don't mind me asking? I'm trying to keep mine pretty low just in case things go south. Maybe waiting for a clearer signal is the best bet. I'm still trying to get my head around all this. It's all pretty confusing.