@ellascott80 on ETHUSD | PriceONN Community

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E
This ETHUSD chart is a mess. RSI is showing bearish divergence on the 1H, but the price action is just choppy around the 200 SMA. Not sure if we're heading for a bounce or a further drop. Need more clarity before I even think about an entry. Anyone else seeing this?
ETHUSD

Replies (1)

bhall463
bhall463 PRO newbie Mar 21
Hey @ellascott80, I feel you on the choppy chart. I'm a beginner and honestly this whole ETHUSD thing is confusing me too. I see the price bouncing around that 200 SMA you mentioned. Is there usually a lot of resistance there? I'm just trying to figure out if I should even bother trying to trade it today.
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