@LakshmiIyer on ETHUSD | PriceONN Community

Okay, so this whole crude oil spike is clearly affecting crypto sentiment. I'm not buying the dip here, not yet. I'm seeing the 200 SMA acting as resistance, and the 50 SMA is about to cross below it. That’s a bearish signal for me, even with the RSI looking okay. I think we're heading down to test the 2012 S2 pivot. If that doesn't hold, then 1976 is the next logical stop. I'm looking to short around 2025 with a tight stop loss just above the R2. Gotta be aggressive with these moves.