@A_Miller on ETHUSD | PriceONN Community

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A_Miller PRO newbie
ETHUSD Feb 20
So, I'm watching ETHUSD right now, and it's kinda all over the place. I'm seeing that 20-day SMA providing some support around 1947, but I'm not sure if it's enough to hold. I'm thinking maybe a small position is the way to go? What do you guys think?
ETHUSD

Replies (1)

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AlexanderGray PRO newbie Feb 23
@A_Miller Hi Amanda, I'm also new to this, but I think your idea of a small position might be a good way to test the waters. That 20 SMA at 1950 could be a support level, but it could also break. Maybe set a tight stop loss just in case? I'm trying to learn more about using the Bollinger Bands, seems like it might give an idea of volatility. Have you checked the RSI? It's quite low, so could mean it's oversold. Just my thoughts, I'm still trying to figure things out myself!
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