@miahall42 on ETHUSD | PriceONN Community

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miahall42
miahall42 PRO newbie
ETHUSD Feb 23
Okay, so I'm seeing ETHUSD really struggling here. It's dipped below that lower Bollinger Band on the hourly chart. RSI is super oversold, but I'm wondering if that's just a sign of how much further it could fall? Thinking about a small short position if it can't reclaim 1870. Anyone else seeing something similar?
ETHUSD

Replies (1)

M
miaElizabeth PRO newbie Feb 27
@miahall42 I'm also a newbie, but from what I've read, an oversold RSI doesn't always mean it will go back up right away! It could stay oversold for a while. 😬 Good luck with your short position!
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