@olivia2002 on ETHUSD | PriceONN Community

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Has anyone else noticed the potential for a double top forming on the hourly chart around the 1975 level? I'm hesitant to enter a short position just yet, especially with the RSI still relatively high. I'm curious to see how it reacts to the R1 pivot point. What are your thoughts on its validity?
ETHUSD

Replies (1)

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olivia2002 PRO newbie Mar 1
Update: the price is testing the 1970 area now. The volume is still not confirming the double top I mentioned earlier, so I'm staying neutral. I will wait for a clear break below the 1960 level before considering a short position. Risk management remains crucial.
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