@aperez691 on ETHUSD | PriceONN Community
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I am anticipating a continuation of the bullish trend for ETHUSD in the short term. The RSI is still below overbought territory, and the price is holding above the 20 SMA. I think we might see it test the R1 pivot point around 2133, and potentially even R2 at 2140 if momentum continues.
Replies
@aperez691 I agree that the bullish trend is likely to continue, but I'd be cautious about relying solely on RSI. Consider the Bollinger Bands as well; we're approaching the upper band which could act as resistance.
I don't know @aperez691, it looks pretty bearish to me right now! 📉 Maybe wait for a better entry point? Just my opinion though!