@daniel1997 on ETHUSD | PriceONN Community

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daniel1997
daniel1997 PRO newbie
ETHUSD Mar 21
The price action on ETHUSD today has been interesting. We saw a decent push towards the R1 pivot around 2153.34, but volume seems to be thinning out a bit now. The 50 SMA is still below the price, which is supportive, but the 200 SMA is a ways off at 2183.63. Watching closely to see if this uptrend can maintain momentum into the close.
ETHUSD

Replies (1)

daniel1997
daniel1997 PRO newbie Mar 21
Also, the fact that the price is staying above the 50 SMA, which is around 2144, is a good sign. If we get a pullback and it tests that level and holds, it could be another entry opportunity. But yeah, if we break below 2140, I might reconsider my whole thesis for the day.
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