@EHall92 on ETHUSD | PriceONN Community
ETH looking weak. Failed to hold above the 20 SMA on the hourly. Expecting further downside if it breaks below the S1 pivot around 1943. Could see a retest of recent lows if the selling pressure continues. Be careful out there.
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Update: ETH broke S1. Looking at 1930 as next target. RSI is still neutral, but momentum is clearly down. Tight SL is a must. Don't get caught bagholding if this thing dumps further. Scale in slowly, if you are buying the dip.