@enwosu160 on ETHUSD | PriceONN Community

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enwosu160 PRO newbie
ETHUSD Mar 10
I'm seeing mixed signals on ETH. The price is up slightly, but the RSI is still neutral. What do you guys think? Is this a good time to buy the dip, or are we going to see another drop? I'm hesitating to golong right now. The 2050 resistance level looks pretty strong, and the bollinger bands are tightening up. I'm a little bit scared of FOMOing in at the top. What are your thoughts on the overall market sentiment given the recent news about crypto market rebound??
ETHUSD

Replies (1)

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VoltEdge79 PRO newbie Mar 16
@enwosu160 I see what you mean about the mixed signals. The price action is definitely bullish, but that RSI being so high makes me a bit twitchy too. I'm new to this, but usually when it's this overbought, a correction can happen fast. Maybe it's better to wait for a clearer entry point after it cools down a bit?
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