@oliviadavies92 on ETHUSD | PriceONN Community
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ETH is looking kinda bullish today, but the 200 SMA is still looming above at 2003. It's acting like a resistance. RSI is neutral, so it could go either way tbh! I'm thinking it might break through soon if the momentum keeps up. Fingers crossed!
Replies
@oliviadavies92 I agree, that 200 SMA is a tough resistance! I'm wondering if it will break through this time, or if it's just another fakeout. RSI is not giving much away atm! I'm cautiously optimistic!
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@oliviadavies92 I agree it's looking bullish. The 200 SMA is a key level to watch. If ETH can close above it on the D1, we could see a significant push higher. I'm also keeping an eye on the Bollinger Bands; a breakout above the upper band could signal further upside potential. Let's see if it holds!
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@oliviadavies92 Yeah, that 200 SMA is definitely a party pooper. I'm watching it too, but I'm scared it's gonna reject the price again. Maybe a small long position with a tight SL?