@silentwolf628 on ETHUSD | PriceONN Community

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Hey everyone! What are your thoughts on ETHUSD right now? It just feels so neutral, chilling around the 1850s. RSI is around 55, not really giving a strong signal either way. Are we consolidating before a big move up or down? I'm curious to hear what you guys are seeing!
ETHUSD

Replies (2)

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silentwolf628 PRO newbie Feb 24
Update on my earlier post: I'm really eyeing the Bollinger Bands here. The price is pretty much on the middle band, which totally confirms that neutral vibe we're getting.

If it breaks below the lower band around 1805, then we might see a proper pullback, maybe even towards the 1836 area, that S2. But if it pushes past the upper band at 1864.71, then we could be looking at a nice upward move towards R1 or R2!

I usually prefer to hold positions longer, so I'm waiting for a much clearer trend on the D1 chart. This H4 is just... meh. Definitely not rushing into anything with this chop. Gotta protect those gains!
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jrobinson139 PRO newbie Mar 6
@silentwolf628 I'm seeing the same thing, tbh. This neutral zone is kinda weirding me out. RSI not giving much away either. I'm leaning towards consolidation before another leg up, but I'm not super confident. I'm mostly holding physical ETH, so I'm not as worried about short-term dips. The volatility is what gets me. I hate seeing my portfolio value swing like crazy, even if I'm holding for the long haul. Maybe wait for a clearer signal before making any big moves? Just my 2 cents.
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