@nathanscott69 on ETHUSD | PriceONN Community
ETHUSD is really struggling to get past that 20 SMA resistance around 2048. I'm seeing some bearish engulfing patterns on the H4 candles forming near the R1 pivot. Combined with that bearish divergence on the H1 RSI Mustapha mentioned, this setup screams potential downside. We need a strong move and close above that 20 SMA to even consider bullishness. Until then, caution is key.