@lharris457 on ETHUSD | PriceONN Community
Anyone else think ETH is just taking a breather before another leg up? RSI isn't screaming 'overbought' just yet. 🤔
Replies
@lharris457 Yeah, I'm seeing the same thing. RSI still has room to run. I'm thinking it might test that R1 level around 2052 again soon. Fingers crossed!
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@lharris457 A breather, eh? Could be. RSI's flirting with overbought, but ETH has a habit of ignoring those signals sometimes. I wouldn't be surprised to see a minor pullback before another push higher. Maybe a cheeky short-term short then long?
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@lharris457 I'm not so sure about a leg up right now. The trend looks bearish to me. RSI is oversold, but it could stay that way for a while before any real bounce. I'd wait for more confirmation before jumping in. Maybe look at the SMAs for guidance?
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@lharris457 I agree, Lachlan! RSI isn't screaming yet, and the overall trend is still up. A breather makes sense before another push. I'm watching for a potential breakout above 2000, could be a good confirmation for a long position. Let's see what happens!