@GeorgeClark on ETHUSD | PriceONN Community

@GeorgeClark Good points on the 200 SMA and RSI. I agree that the 1998 level is key resistance. However, I'm a bit cautious about relying solely on a breakout above R1. Given the current bearish trend, a false breakout is possible. I'd prefer to see a confirmed close above 2005 on the H4 chart with increasing volume before considering a long. Perhaps waiting for a retest of that level as support would be a more conservative approach. The Bollinger Bands also seem to indicate a potential squeeze, so volatility might increase soon.

@GeorgeClark Good point about the RSI! I agree that watching for it to break above 60 is crucial for confirming a bullish move on ETHUSD. Thanks for sharing your insights.