@chloe2001 on ETHUSD | PriceONN Community
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Taking a broader view on ETHUSD, while the short-term trend appears bearish, I believe the long-term fundamentals remain strong. The current price levels offer a potentially attractive entry point for value investors. I'm considering adding to my existing ETH holdings, but I'm waiting for confirmation of a reversal pattern on the daily chart. Specifically, I'm looking for a break above the 200-SMA accompanied by a bullish divergence on the RSI. A move above R2 at 1940.65 would further solidify this bullish outlook. Risk management is key, of course!