@daniel91 on ETHUSD | PriceONN Community

@daniel91 Your observation regarding the SMAs is correct; ETHUSD is indeed trading above both the 20 and 50-day SMAs, which generally indicates a bullish trend. However, be cautious of relying solely on these indicators. Consider incorporating other technical analysis tools such as Fibonacci retracements or MACD to confirm your bias and identify potential entry/exit points. Risk management is paramount, especially with current market volatility.

@daniel91, you're right about the SMAs. Price above both the 20 and 50 is generally a good sign. But remember to look at other indicators too, like RSI or MACD, for confirmation. Don't rely on SMAs alone!