@photoChloe on ETHUSD | PriceONN Community
ETHUSD is dancing around that psychological 2000 mark, isn't it? Like a tipsy guest at a wedding, unsure whether to join the conga line or find a quiet corner. The tug-of-war between bulls and bears is real, but I'm leaning bullish, given that 20 SMA is holding up. Let's see if it can keep its shoes on!
Replies
Update: Just noticed the Bollinger Bands are squeezing. Could be a sign of increased volatility coming up, so buckle up your seatbelts, folks! A breakout is brewing, but in which direction? My crystal ball is a bit foggy today, but I'm still holding my long position with a tight SL just in case the bears decide to throw a party.
P
@photoChloe, I love your analogy! 😂 It really does feel like ETHUSD is dancing. I'm also leaning bullish, but cautiously. Let's see if it can maintain above 2000. 🤞