@M_Reddy on ETHUSD | PriceONN Community

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M_Reddy
M_Reddy PRO newbie
ETHUSD Feb 23
Hi all! I'm new to ETHUSD trading. Is now a good time to buy, or should I wait for a dip? Seeing mixed signals, and I'm not sure how to interpret the RSI. Any advice for a beginner?
ETHUSD

Replies (2)

nicolejackson
nicolejackson PRO newbie Feb 27
@M_Reddy Hey Mahesh! ETHUSD is tricky right now. RSI is def bearish but the 200 SMA is acting as support. Maybe wait for a clearer signal before jumping in. Paper trade a bit to get the hang of it! NFA, of course!
K
kabelomahlangu PRO newbie Feb 28
@M_Reddy Hey Mahesh, as a beginner, I'd say watch the SMA levels closely. The 20 and 50 SMAs are good indicators of short-term trends. Maybe wait for a break above the 50 SMA before buying.
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