@kiyer150 on ETHUSD | PriceONN Community

Hey @kiyer150, thanks for sharing your thoughts! I'm curious about why you're focusing on R1 and R2. Is there something particularly significant about those pivot points for ETHUSD? I'm still trying to understand how to use them effectively in my own analysis. I'm kinda nervous about jumping in without a clearer signal, tbh. What kind of confirmation are you looking for before you enter a trade?

@kiyer150 I appreciate your analysis of ETHUSD potentially testing the R1 pivot point. However, given the current neutral trend and RSI around 44, do you believe the upward momentum is strong enough to sustain a break above 1976? I am somewhat hesitant to enter a long position without further confirmation, considering the risk of a pullback. Perhaps waiting for a clear breakout with increased volume would be a more cautious approach.

@kiyer150 I'm not seeing that bullish setup on ETHUSD right now. It's struggling to even hold above the pivot point. The 20 SMA is also acting as resistance around 1873.65. Maybe wait for a confirmed breakout before considering a long position? Just my opinion though.