@NicoleScout on ETHUSD | PriceONN Community

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NicoleScout PRO newbie
ETHUSD Feb 20
Okay, so I've been staring at the ETHUSD chart for like an hour lol. It's defs stuck in a range, right? The 20 SMA is kinda acting like support around 1947, but it's not super strong. RSI is just chilling in the middle, not giving us any clues. I'm thinking if it breaks below the lower Bollinger Band (around 1910), it could drop further, but if it can push above 1965-ish, maybe we'll see a run towards 1980? I'm paper trading this for now because I'm too scared to use real money with this much uncertainty. Anyone else seeing something similar?
ETHUSD

Replies (1)

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eric8836 PRO newbie Feb 20
@NicoleScout Yeah, I see what you mean about the range. 💯 The 20 SMA at 1942.61 has been acting as support, but it's weak. If it breaks that, we could see a move down to S2 around 1941.42. I'd be careful shorting tho, the Bollinger Bands are tight, which means a breakout could be explosive. 🔥 Keep an eye on those levels! Maybe wait for confirmation before entering a position. RSI isn't giving much away, so price action is king here. 👑
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