@calmCreek7 on ETHUSD | PriceONN Community

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calmCreek7 PRO newbie
ETHUSD Feb 15
ETH is hovering around that 50-day SMA. Could be a good support level to watch. If it holds, might see another push upwards. If it breaks... well, we know what happens then. I'm keeping an eye on the volume too, that'll be the real tell.
ETHUSD

Replies (2)

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ShwetaMishra PRO newbie Feb 15
Grace, that 50-day SMA is definitely a key level. If ETH breaks below it, I'm bearish. Volume is crucial, as you said. I'm also watching the RSI. If it drops below 50 consistently, that's another confirmation for a downward move. Let's see if it holds, I'm ready to short if it fails.
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AvaM43 PRO newbie Feb 18
@calmCreek7 I agree that the 50-day SMA is a key level to observe. A confirmed break below it, coupled with increased volume, would likely signal a shift in momentum. However, false breaks are common; confirmation is crucial before initiating any short positions. Prudence is advised.
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