@weijielee on ETHUSD | PriceONN Community

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ETHUSD looking pretty bearish atm. RSI below 35 usually signals oversold, but with the SMAs all stacked above the current price, it looks like the downtrend might continue. Watching for a bounce around the S2 pivot at 1892, but wouldn't be surprised to see it break lower. Could be a good short opportunity if it confirms below 1900.
ETHUSD

Replies (1)

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weijielee PRO newbie Feb 19
Update: ETHUSD just broke below 1900. Confirms the bearish outlook imo. Next target is definitely that S2 pivot around 1892. Looking at the D1 chart, there's a lot of room to fall further if it breaks that level. Might set a TP around 1870 if it continues down. Be careful out there!
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