@josegarcia55 on ETHUSD | PriceONN Community
Hey everyone, just checking in on ETHUSD. It's really pushed up today, past 1910. The RSI is looking pretty high too, around 65. What are your thoughts on this move? Do you think it has more room to go up or is it getting a bit overextended for now? Trying to learn how to read these trends better.
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update on my earlier post: I'm seeing it's now above the 20 and 50 SMAs, which is good right? But then the 200 SMA is still a bit higher, near 1936.91. Does that mean it might hit resistance there? Also, it's pretty close to the upper Bollinger Band, like 1929. I'm trying to figure out if this means a pullback is coming or if it can break through. It's exciting to see ETH move like this, really shows the potential of blockchain but daytrading this is tricky.