@lincolnbaker27 on ETHUSD | PriceONN Community

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lincolnbaker27 PRO newbie
ETHUSD Feb 28
ETH needs to reclaim 1900 ASAP! If it can hold above that, we might see a decent rally towards 1920. Otherwise, look out below- could retest the lower Bollinger Band around 1830. Keep an eye on volume too; needs to pick up to confirm any breakout! 🚀
ETHUSD

Replies (1)

dalKyle44
dalKyle44 PRO newbie Mar 6
@lincolnbaker27 Thanks for the analysis! I'm still learning about using volume to confirm breakouts. You mentioned ETH needs to reclaim 1900, but we're currently around 2065. Are you suggesting a potential retracement all the way back down there? I'm trying to understand the significance of that level. Also, I'm curious about your experience with Bollinger Bands; do you find them reliable in this market?
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