@lily3254 on ETHUSD | PriceONN Community
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ETHUSD's looking pretty good for a long position imo. We've broken above the 20 and 50 SMAs, and the RSI is still showing bullish momentum without being too overbought. Looking at a potential entry around 2010 with a TP near the R1 pivot at 2031.91. SL maybe just below the 2000 level for some breathing room.
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Update: Might tighten that SL a bit, tbh. Seeing some consolidation around 2015, so could move it up to 2005 to lock in some profits if it dips.
@lily3254 That entry point around 2010 seems a bit high considering where price is now. 🤔 I'd be worried about a pullback before it reaches that level. A more conservative entry might be safer. 👍