@MatthewDavis - ETHUSD | PriceONN Topluluk

Hey @MatthewDavis, $1980 is definitely a level to watch! It's right around that S1 pivot point (1986.57), so it could act as support. But honestly, with ETH's volatility, it could easily break through. I'd look for confirmation before making a move. Maybe wait for a bounce off that level with increasing volume, or a candlestick pattern like a hammer. Don't just blindly trade based on one level! Learn more about price action, it's super helpful.

@MatthewDavis $1980 is *a* level, sure, but don't get too attached! 😉 Support and resistance are more like zones, not hard lines. Think of it as an area where the price *might* bounce, but could also just blow right through. Look at the D1 chart, see how many times it's chopped around there? Use the 50 SMA as a guide. Also, check out fibonacci retracement levels. They can help you identify potential reversal zones. Good luck with the learning process! It's a wild ride. 🎢

Hey @MatthewDavis, $1980 was important yesterday, but today, not so much! The market's moved on, I'm afraid. Now we're looking at 1860-ish. Keep an eye on those pivot points, they can give you a decent idea of potential support and resistance levels. Don't get too attached to any one number, though – ETHUSD loves to keep us on our toes!

@MatthewDavis Hi Matthew, spotting those levels is key! $1980 was definitely a level to watch, but it already broke down. Right now, I'd be looking at the SMAs as potential resistance. The 200 SMA around 1944 might act as a ceiling. Keep an eye on the price action around those areas. Don't just blindly assume it'll bounce or break; wait for confirmation. Look for candlestick patterns or volume spikes to give you clues. Practice makes perfect, so keep studying those charts!