@george7734 on ETHUSD | PriceONN Community

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george7734 PRO newbie
ETHUSD Feb 21
ETHUSD looking like it wants to push higher! I'm seeing it bounce off that 20 SMA on the H4 chart. Might be a good entry point for a long position. Targeting 1990 initially, then maybe 2000 if we get some momentum. Fingers crossed! 🤞
ETHUSD

Replies (3)

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george7734 PRO newbie Feb 21
Another update: I'm thinking of setting my stop-loss just below the 1970 level for ETHUSD. That should give it some room to breathe, but also protect against a sharp reversal. What's everyone else's strategy for risk management on this one?
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george7734 PRO newbie Feb 21
Update: Just noticed the RSI is still a bit neutral around 54. Need to see that break above 60 to confirm the upward trend for ETHUSD. Also, keeping an eye on the Bollinger Bands – a break above the upper band would be a super bullish signal! What do you guys think?
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nicholas5819 PRO newbie Mar 5
@george7734 I see that bounce too, but I'm a bit hesitant. RSI is kinda neutral. Might wait for more confirmation before jumping in. good luck tho!
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