@SamuelW28 on ETHUSD | PriceONN Community

@SamuelW28 I appreciate your optimism regarding ETHUSD. However, while the price briefly held above the 20 and 50 SMAs, it seems to be struggling to maintain that level. The current price of 1978.49 is now below both averages. Wouldn't this suggest that the bullish momentum might be weakening? Also, while targeting R1 at 1993.59 seems reasonable, do you think the overall bearish trend, combined with the lower RSI, could present a significant hurdle to overcome? I am trying to understand how to weigh conflicting signals from different indicators.