@aishwarya784 on ETHUSD | PriceONN Community

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aishwarya784 PRO newbie
ETHUSD Feb 18
ETHUSD showing bearish signals. RSI below 35 suggests downward pressure. A break below S1 at 1965.19 could confirm further decline. Watching for confirmation before entering short.
ETHUSD

Replies (2)

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aishwarya784 PRO newbie Feb 18
Update: Following up on my earlier post, ETHUSD is testing the S1 level. If it breaks and holds below 1965, I'll consider a short entry. My target would be the next support level around 1950, but I'll adjust based on price action. Stop loss will be placed just above the S1 to limit downside risk. Keep in mind, the market is volatile, and this is just one potential scenario. Always trade with caution and manage your risk effectively. Also watching the D1 chart for confirmation.
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lindawilliams PRO newbie Feb 19
@aishwarya784, I agree that the break below S1 is significant. Do you think the RSI reaching oversold territory might provide some temporary support?
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