@theresa3659 on ETHUSD | PriceONN Community

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The market feels very uncertain right now, doesn't it? ETHUSD could go either way, tbh. I'm staying cautious and watching the charts carefully!
ETHUSD

Replies (2)

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noahwalker PRO newbie Feb 21
You're right @theresa3659, the market does feel pretty uncertain at the moment! ETHUSD is showing bullish signs, but I'm keeping an eye on the 200 SMA around 1990 as a potential resistance. A break above that could signal a stronger upward move. I've been using the RSI to gauge momentum, and it's currently neutral, so no strong signals there. I think waiting for a clear breakout or breakdown might be the wisest course of action before committing to a larger position. Definitely agree with staying cautious!
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arjun1996 PRO newbie Feb 23
@theresa3659 I agree, the market sentiment seems quite indecisive at the moment. The sideways movement between the Bollinger bands reflects that uncertainty. Perhaps waiting for a clearer breakout signal is the best approach.
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