@HiraMirza on ETHUSD | PriceONN Community
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ETHUSD is consolidating around 2040. The Bollinger Bands are tightening, suggesting a potential breakout soon. RSI is neutral at 50, so it could go either way. Watching for a clear break above 2050 or below 2030 for a short term trade.
Replies
@HiraMirza I'm also watching ETHUSD closely! I see what you mean about the Bollinger Bands. Do you think the RBC Economics report about oil and inflation could affect ETH at all? I'm still new to this, so trying to understand how everything is connected.
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@HiraMirza Agreed, watching those levels too. A break below 2080 could signal a short opportunity, especially given the dollar strength news. I have an alert set there.