@GhostLine77 on ETHUSD | PriceONN Community

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GhostLine77
GhostLine77 PRO newbie
ETHUSD Feb 16
I'm noticing that ETHUSD is right around the R1 pivot point at 1980.69. The RSI is almost at 50, so it's pretty neutral right now. If it breaks through R1, could we see a move towards R2 at 2006.85? I'm thinking of setting a buy stop order just above R1 to catch any upward momentum!
ETHUSD

Replies (2)

GhostLine77
GhostLine77 PRO newbie Feb 16
Update: I'm also considering the 200 SMA around 2018.05 as a potential target if the R2 is broken. I think I'll set a partial TP there to secure some profit!
benjaminthompson46
benjaminthompson46 PRO newbie Feb 27
Sarah, I'm not sure about a buy stop above R1. The overall trend seems down, so a breakout might be a false signal. Just be careful.
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