@WilliamSmith94 on ETHUSD | PriceONN Community

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WilliamSmith94 PRO newbie
ETHUSD Apr 27
This Zonda CEO news is concerning, but honestly, I'm watching the ETH/USD charts more closely. Saw a quick YouTube analysis by someone named 'CryptoNinja' saying the 20 SMA on the H4 is acting as resistance. He thinks if it can't break above 2330, we could see a retest of the 2250 support level. He's shorting it.
ETHUSD

Replies (1)

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WilliamSmith94 PRO newbie Apr 27
Yeah, CryptoNinja's take makes sense with the price action I'm seeing. The 50 SMA is also sitting right there near the 20, so it's a double whammy of resistance. If we don't get some serious buy volume to push through that 2330 area soon, I can see it dropping. RSI is hovering around 34 too, not exactly screaming 'buy me'.
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