@miguellim on ETHUSD | PriceONN Community
What a day for ETHUSD! The market has been pretty choppy, but I'm feeling optimistic about its potential for diversification. We've seen some nice consolidation around the 1880s, and it seems to be holding up well despite the overall neutral trend.
I'm particularly watching the 200 SMA around 1938 as a key resistance point. If we can break through that, I think we could see a decent rally. What are your thoughts on this? Are you looking at any other resistance levels, or perhaps a retest of the lower Bollinger band if it drops? Always good to hear different perspectives on these movements!
I'm particularly watching the 200 SMA around 1938 as a key resistance point. If we can break through that, I think we could see a decent rally. What are your thoughts on this? Are you looking at any other resistance levels, or perhaps a retest of the lower Bollinger band if it drops? Always good to hear different perspectives on these movements!