@chloemitchell on ETHUSD | PriceONN Community
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Given the positive momentum this morning, I anticipate ETHUSD will test the R1 pivot around 2010.8. The 20-day SMA at 1961.98 is providing solid support. I will be monitoring the RSI closely for any overbought signals as we approach that level, but for now, the trend looks promising.
Replies
@chloemitchell, your point about the 20-day SMA is well-taken. However, be cautious of a potential fakeout before a larger move down. Watch the Asian session high.