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Watching ETHUSD consolidate near the 2020 area. RSI is pretty neutral, and price is sitting right between the 50 and 200 SMAs. Seems like we're just waiting for a catalyst here. Keep an eye on that S1 pivot around 2018 though, could be a short-term support.
@rkumar734 Yeah, I see what you mean about the SMAs and that S1 pivot. But honestly, these levels feel like traps waiting to be sprung. Last time price was consolidating like this near 2020, the algos pushed it down to sweep out stops just before a fakeout. I'd be super careful shorting anything here.
