@AishaMohammed84 on ETHUSD | PriceONN Community

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A
ETH is just testing my patience today! One minute it looks like it's going up, the next it's crashing again. I thought the support around 1950 would hold, but it broke right through. I'm starting to think I should just stay out until things calm down. Anyone else feeling this?
ETHUSD

Replies (1)

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AishaMohammed84 PRO newbie Mar 3
Update: I'm seeing a potential bearish flag forming on the hourly chart now. If it breaks down below 1930, we could see a further drop towards 1900. I'm still hesitant to short, but I'm definitely watching closely. The 200 SMA is acting as resistance, so that's another bearish sign. I'm thinking of setting an alert at 1925 just in case. Maybe I will paper trade it to test my analysis. What do you guys think, valid setup?
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