@harry2003 on ETHUSD | PriceONN Community

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H
Is now a good time to buy ETHUSD? 🤔 The price is around 1975, and the 20 SMA is just below that. I'm thinking it might bounce off that, but I'm new to this, so not really sure. Any thoughts? 🚀
ETHUSD

Replies (1)

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harry2003 PRO newbie Feb 21
Okay, so I've been looking at ETHUSD a bit more. I'm seeing that the 50 SMA is a bit lower, around 1963. If it breaks below the 20 SMA, is that a bad sign? 📉 I'm trying to understand how to use these moving averages properly. Also, the RSI is about 52, so it's not overbought or oversold, right? I'm thinking of setting a stop loss around 1950, is that too tight? Any advice would be great! 🙏
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