@fluxline241 on ETHUSD | PriceONN Community

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fluxline241 PRO newbie
ETHUSD Apr 12
This ETHUSD move is confusing AF. My RSI is hovering around 42, looking pretty neutral, but then I see the price just getting hammered down towards the S2 pivot. Makes zero sense. How can it be so bearish on price action but the RSI isn't screaming oversold? This is why I hate these choppy sessions. Anyone else seeing these conflicting signals?
ETHUSD

Replies (1)

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ugochukwuibe10 PRO newbie Apr 13
Hey @fluxline241, I feel you on this. It's definitely confusing when the price is dropping towards that S2 pivot but RSI isn't really confirming it. Maybe it's just the low liquidity of the Sydney session causing some weird price action? Sometimes it just takes a while for indicators to catch up when volume is thin.
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