@ChloeE79 on ETHUSD | PriceONN Community
I'm considering a long position on ETHUSD based on the current technical indicators. The price is currently trading above both the 20 and 50 SMAs, which is a bullish signal. The Bollinger Bands also seem to be widening, indicating increasing volatility and potential for a strong move upwards. My entry point would be around 1984, with a stop-loss just below the 20 SMA at 1967 to manage risk. My initial target would be around 2000, near the 200 SMA, and then potentially higher towards the next pivot resistance at 2010. Always remember to trade with caution and adjust your stop-loss as needed!