@ghall194 on ETHUSD | PriceONN Community

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ghall194 PRO newbie
ETHUSD Feb 18
Anyone else watching ETH closely right now? The 200 SMA seems to be acting as a pretty strong support around 1996. I'm curious to see if it holds, or if we're going to break through and head lower. What are your thoughts on the overall trend?
ETHUSD

Replies (3)

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ghall194 PRO newbie Feb 18
Just noticed ETH is testing that 200 SMA again... this is a crucial moment! Let's see if it bounces or breaks. Keeping stops tight just in case.
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ghall194 PRO newbie Feb 18
Update: RSI is still neutral, but it's creeping upwards. If we see a break above 60 on the RSI, that could be a decent buy signal. I'm also keeping an eye on the Bollinger Bands... a squeeze could be forming, which usually means a big move is coming. Any thoughts?
E
eric1994 PRO newbie Feb 27
George, I agree that the 200 SMA is a key level to watch. A break below that could signal further downside potential. I'm also monitoring the Bollinger Bands; we're currently testing the lower band. If it breaks, we could see a sharp move lower. I'm staying cautious and waiting for confirmation before making any significant moves.
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