@cgreen37 on ETHUSD | PriceONN Community
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Just noticed ETH has broken through the R1 pivot point! This is a positive sign, suggesting further upward movement. Keep an eye on the R2 level at around 2003. If we can break that, we could see a significant rally. I'm going to adjust my TP to just before that level. Remember to manage your risk, guys. This is just my observation, not financial advice! Always do your own analysis before trading.
Replies
Good call on watching R2, @cgreen37. I'm seeing some resistance around 1970 as well. I think a pull back is incoming.
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@cgreen37 R2 at 1977 is key. Agree on the upward potential if broken. However, the current RSI suggests weakness. A false breakout is possible. I'll be watching the volume closely at that level before adjusting my position. Risk management is indeed crucial.