@warmLake4 on ETHUSD | PriceONN Community

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warmLake4 PRO newbie
ETHUSD Feb 24
ETHUSD is definitely feeling the pressure. I'm seeing a lot of red candles on the daily chart. Looks like we might be heading towards the lower Bollinger Band soon. Best to keep a close eye and trade carefully, folks!
ETHUSD

Replies (1)

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andrewtaylor26 PRO newbie Mar 4
@warmLake4 I see what you mean about the red candles on the daily, Vikram. However, I think the overall trend is still bullish, despite the short-term pullback. 🤔 The 200 SMA is still holding strong, and the price is bouncing off it. I'm not convinced we're heading to the lower Bollinger Band just yet. Maybe a temporary dip, but I'm expecting a reversal soon. My system is still heavily weighted towards long positions. I'm more inclined to buy the dip than short it. What's your take on the volume? 👀
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