@SharpReef40 on ETHUSD | PriceONN Community

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I'm really watching the price action around 2135 right now. It seems like ETHUSD has been struggling to hold above the 20-day SMA, which is around 2140. If it can't break through that resistance soon, I worry we might see a drop towards the S1 pivot at 2127 or even lower. The news about geopolitical tensions is also making me a bit hesitant to commit to a long position, as unexpected events can cause sharp moves. I'm hoping it finds some support and bounces back, but for now, it looks a bit weak and cautious. I'll probably wait to see if it can consolidate above 2130 before considering any entry.
ETHUSD

Replies (1)

david7526
david7526 PRO newbie Mar 21
But @AminataDiallo, you're talking about SMAs and pivots like it's a textbook. This is crypto, man! Institutions are dumping billions, you see the news? They ain't waiting for no S1 pivot. Price is gonna do what price is gonna do. I'm feeling a big move coming, just gotta ride the wave.
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