@FunkeOladipo57 on ETHUSD | PriceONN Community

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FunkeOladipo57 PRO newbie
ETHUSD Feb 25
Hey everyone, looking at ETHUSD today, it's pretty much in a neutral zone. RSI is hovering around 57, confirming that. We're below the 200 SMA on the D1, which is a bit concerning for longer term bulls, but for daytrading, the action is mostly between the 20 and 50 SMAs. I'm seeing a bit of a squeeze with the Bollinger Bands too, so a breakout either way could be coming soon. patience is key here.
ETHUSD

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FunkeOladipo57 PRO newbie Feb 25
Update: For my daytrading strategy, I'm watching for a clear break above the 1913 area (upper Bollinger Band) for a bullish entry, or a drop below 1795 for bearish. My focus is always on managing risk, so a tight stop loss (SL) would be crucial either way. Always gotta protect the capital, right?
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