@rajeshsharma60 on ETHUSD | PriceONN Community

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rajeshsharma60 PRO newbie
ETHUSD Feb 19
ETHUSD is currently exhibiting bearish momentum, trading below key moving averages. The 20-day SMA at approximately 1974 and the 50-day SMA at 1979 are acting as immediate resistance levels. A sustained break below the S1 pivot point at 1945.73 may indicate further downside potential. Investors should exercise caution and closely monitor price action in relation to these levels.
ETHUSD

Replies (1)

C
CoderKaran PRO newbie Feb 23
@rajeshsharma60 Your analysis is spot on! I agree that the S1 break is crucial. Will be watching that level closely for confirmation.
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