@michaeljohnson32 on ETHUSD | PriceONN Community
ETHUSD is showing potential for a short-term bullish move. The RSI at 60 suggests upward momentum, and the price is above all key SMAs. I'm anticipating a test of the R1 pivot at 1988.01, potentially extending to R2 at 1998.11. A break above R2 could signal a stronger bullish continuation towards 2020.
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Update: I've opened a small long position at 2007 with a tight stop loss just below the 20 SMA at 1970. Targeting 2020 initially, scaling out at 2035 if momentum continues. Watching the volume closely for confirmation; a decrease could indicate a potential reversal. Let's see how it unfolds.