ETH showing some strength this morning. I think it'll push past 1970. The 20 SMA is about to cross the 50 SMA as well. With the news from Iran, I'm expecting risk aversion to keep ETH bid. Targetting 1990 then 2000. Stop loss around 1950 for now.
@aroberts49 Good call on the strength, Amelia! I'm seeing the same thing. I hope it keeps going! I'm targeting 2150, wish me luck!
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IsabellaKingPROnewbieMar 6
While a 20/50 SMA crossover can be a bullish signal, @aroberts49, I'd be cautious about relying solely on that, especially with the current bearish trend. The 200 SMA is still acting as resistance around 2008.01, and the RSI is hovering in neutral territory. Are you considering any other indicators to confirm your bias?