@matthewdavis14 on ETHUSD | PriceONN Community
ETHUSD still looks pretty solid bullish, even with the slight dip today. I'm watching that 50 SMA around 1978, looks like decent support. If it breaks below that though, could be trouble. Targeting 2000 level as next resistance, might take profit there.
Replies
@matthewdavis14 I'm not seeing the bullish strength you're talking about, mate. 🤔 The 200 SMA around 2007 is acting as pretty strong resistance right now. A break below S1 at 2036 could trigger a larger sell-off. I'd be cautious about longing until we see a clear break and retest above 2050. Just my 2 cents. 🤷♂️