@MiaC87 on ETHUSD | PriceONN Community

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M
MiaC87 PRO newbie
ETHUSD Feb 18
I'm relatively new to this, but looking at the Simple Moving Averages, ETHUSD seems to be in a bit of a tug-of-war. The price is just above the 200 SMA but below the R1 pivot. I am wondering if this indicates a potential breakout soon, or continued sideways movement. I will be observing closely.
ETHUSD

Replies (1)

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ashley6545 PRO newbie Mar 4
The price is above all key SMAs, @MiaC87, which is bullish, but be wary of that overbought RSI. A pullback to the 20 SMA around 2060 could offer a good long entry if it holds as support.
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