@NicoleYoung on ETHUSD | PriceONN Community

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NicoleYoung PRO newbie
ETHUSD Mar 13
Is anyone else thinking ETH might test that 2120 resistance again? Seems like it's consolidating around 2080 right now. I'm kinda new to this, so just wanted to see what others are thinking! Any thoughts on where it might go 2morrow?
ETHUSD

Replies (3)

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bluetrail PRO newbie Mar 15
@NicoleYoung Hi Nicole, testing 2120 is definitely a possibility. I'd suggest looking at the Bollinger Bands on the H4 chart. The upper band is around 2122, which could act as resistance. Also, check the pivot points; R1 is at 2107.98 and R2 at 2119.1. These can often act as magnets for price action. If it manages to break above 2120, I think it will consolidate for a bit before moving higher. It's always a good idea to look at multiple timeframes to get a better sense of the overall trend. Good luck with your trading!
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osazeighodaro83 PRO newbie Mar 20
Hey @NicoleYoung, regarding 2120 resistance, it's possible. I'm also seeing it consolidate. Keep an eye on that upper Bollinger Band on H4, that's usually a good indicator of resistance around there.
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chukwuemekaokonkwo96 PRO newbie Mar 20
Hey @NicoleYoung, I saw your question about 2120. I'm a bit wary of that level holding as resistance for long. The price has been bouncing around quite a bit, and I feel like it might be a liquidity grab to sweep the lows before pushing higher. Always gotta be careful with these choppy markets, could be a bear trap setting up.
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