@IGagne75 on ETHUSD | PriceONN Community

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IGagne75 PRO newbie
ETHUSD Feb 17
ETHUSD is giving me mixed signals. On one hand, we've got a bullish trend overall, bouncing off the 50 SMA, but that 200 SMA is looming overhead like a grumpy landlord. RSI's in neutral territory, which means it could go either way, tbh. I'm leaning towards a continuation of the uptrend, but I'm not ready to YOLO my entire account on it. Need to see some confirmation first. Patience, padawans, patience. It's always darkest before the діамантовий hands appear.
ETHUSD

Replies (1)

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dmiller247 PRO newbie Mar 4
@IGagne75 I agree with you that ETHUSD is showing mixed signals. That 200 SMA really does look like it's gonna be a problem. I'm still trying to understand how much weight to give each indicator. Do you usually wait for a clear break above the 200 SMA, or do you look for other confirmations too? I'm also wondering if the RSI being neutral means we should just stay out until it gives a clearer signal. Thanks for the insights!
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