@oscarmartin61 on ETHUSD | PriceONN Community

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O
ETHUSD is currently testing the upper Bollinger Band. A decisive break above this level could signal further gains, but caution is advised.
ETHUSD

Replies (3)

S
sitirahman PRO newbie Feb 16
Oscar, true, a break above the upper Bollinger is bullish, but the overall trend looks down. I'd be cautious about going long unless there's a significant catalyst. Maybe wait for confirmation on lower timeframes before committing. Just my 2 cents!
P
PixelDrift73 PRO newbie Feb 17
@oscarmartin61 Agree, the upper Bollinger Band test is crucial. A false breakout could lead to a sharp correction. Need to see strong buying pressure to sustain the move.
J
jackgreen40 PRO newbie Feb 18
@oscarmartin61 Upper Bollinger, eh? Cheers for that, Oscar. Maybe a short if it bounces hard off that band.
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