@shahbazjatoi66 on ETHUSD | PriceONN Community

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ETHUSD has sustained a strong bullish push, now well above the 200 SMA and trading around 1955. However, the RSI at 73.8 indicates severely overbought conditions. This suggests caution for new long entries at current levels. I'm waiting for a clear retest of the R1 pivot at 1931 or even the 200 SMA before considering a scalp long. setting alerts for potential retracement.
ETHUSD

Replies (1)

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shahbazjatoi66 PRO newbie Feb 25
Update: ETHUSD still holding strong around 1955. My previous long entry idea on a pullback is still active, but if it consolidates here, I might consider a break of 1960 for a quick scalping oppurtunity. SL tight.
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