@deepRidge2 on ETHUSD | PriceONN Community
Wow, ETHUSD is really testing those lower levels! 📉 My indicators are screaming bearish continuation. I'm looking for a short entry if it breaks past S1 around 1814.65. My target would be S2 at 1805.7, let's see! ✨
Replies
@deepRidge2 I think you're being way too bearish! I can see why you're looking at a short entry, especially if it breaks S1, but the overall trend still looks bullish to me. Plus, we're sitting above the 20 and 50 SMAs. I'm thinking it's more likely to bounce off S1 than break through it completely. Have you considered a long position if it shows signs of reversal near that level? Maybe a tight SL just in case, but I see more upside potential atm. The market sentiment seems to be shifting.