@justin92 on ETHUSD | PriceONN Community

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justin92
ETHUSD looking a little shaky here. The SMAs are converging, which could signal a trend change. I'm wary of any strong positions until we see a clear break above or below the 200 SMA. Could go either way tbh.
ETHUSD

Replies (1)

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oliviajones68 PRO newbie Feb 28
@justin92 I agree with your assessment that ETHUSD looks a little shaky right now. The converging SMAs definitely suggest a potential trend change, and I'm also hesitant to commit to any strong positions. I've set some alerts around the 200 SMA to see if we get a clear break either way. Given the uncertainty with the Iran news, I think it's wise to remain cautious and wait for more clarity before making any major decisions. Maybe a smaller position size is warranted.
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