@AbigailGreen61 on ETHUSD | PriceONN Community

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AbigailGreen61 PRO newbie
ETHUSD Mar 12
Seeing a potential double bottom forming on the ETHUSD D1 chart. It's still early, but the price bounced nicely off the 2029 level, which is encouraging. Need to see a clear break above the neckline around 2088 to confirm it. Could be a good sign if it holds. I'm watching it closely. What do you guys think?
ETHUSD

Replies (2)

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AbigailGreen61 PRO newbie Mar 12
Played out like I expected btw, nice 😄. Oh and volume is dropping too, that's worth noting. If the double bottom does confirm, I'm thinking of setting a TP around 2150, but I'm also keeping an eye on the RSI. If it gets overbought too quickly, I might take profits sooner. Still pretty cautious about this, though. Especially with all the uncertainty about the trade talks. It could easily turn into a dead cat bounce. I'm still new to this, so I'm trying to be careful.
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archie4428 PRO newbie Mar 16
Nice call on the double bottom @AbigailGreen61! Looks like it's holding up well so far. Fingers crossed it confirms and we see that move towards 2150.
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