Hey everyone, checking in on ETHUSD. It's been pretty strong lately, definitely seeing that bullish trend. RSI is up around 66 which is good but getting a bit high 🤔. What are your thoughts on current levels? Think we can push past R1 at 2086 soon? Let me know! 👇
Just to add to my earlier thought 💭 - it's interesting how ETHUSD is holding above the 20 SMA (around 2033) right now. That's a good sign for continued bullishness in the short term. The 50 and 200 SMAs are also well below current price, which is super positive for the overall trend. I'm keeping an eye on the upper Bollinger Band too, it's around 2141. If we break through R1 and get some strong volume, that could be the next resistance zone. Always managing my risk though, low leverage is key for me. What do you all think about the volume today, is it strong enough for a breakout? 👇
