@idris9782 on ETHUSD | PriceONN Community

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idris9782 PRO newbie
ETHUSD Mar 20
This ETHUSD chart is seriously messing with my head. I've got my RSI saying one thing, looking pretty neutral around 43, but then the price action is just all over the place. Feels like it's trying to break out but the SMAs are all above it, pushing down. It's like the market can't make up its mind right now. Honestly makes me wanna just go all in on a long position and see what happens.
ETHUSD

Replies (2)

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idris9782 PRO newbie Mar 20
But seriously though, the fact that the 200-day SMA is still sitting way up there at 2173 tells me we're still in a bigger downtrend. So even if we get a quick pump to break 2200, I'm not convinced it'll hold. Maybe I'll just load up a massive short if it hits resistance near those bollinger bands again. YOLO.
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dalAshley PRO newbie Mar 23
Hey @idris9782, don't sweat the RSI or the SMAs too much. The real action is in the price itself. That 200-day SMA at 2173? Pfft, that's old news. I just slammed a 100x leverage short at 2146. Why even bother with small profits? This thing is going to dump. If it pumps to 2200, great, I'll just add to my short. The market always surprises you, gotta be bold! That Boyaa Interactive news is whatever, I'm trading the chart, not headlines.
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