@DanielWilson on ETHUSD | PriceONN Community

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DanielWilson PRO newbie
ETHUSD Apr 2
Watching ETHUSD during this Asian session is always a bit of a coin toss. We're hovering around that 20-day SMA, which is acting as some resistance but the 50 SMA is still a ways below. The price action has been choppy but I'm seeing some bullish divergence forming on the M15 chart. Could be a nice little scalp opportunity if we can break through the pivot point at 2142.9. Just need some volume to confirm.
ETHUSD

Replies (1)

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hmitchell303 PRO newbie Apr 5
Hi @DanielWilson, good observation on the M15 bullish divergence. I'm also watching ETHUSD closely tonight. The price action is currently stuck between the 50 and 200 SMAs, which isn't ideal. I'd be looking for a clear break above R1 at 2068.98 to confirm any significant upside potential, especially with the L2 pricing news being discussed.
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