@kemi2588 on ETHUSD | PriceONN Community

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kemi2588 PRO newbie
ETHUSD Feb 15
ETHUSD is currently testing the lower Bollinger Band, and the RSI is deep into oversold territory. While a bounce is likely, I'm watching for confirmation of a trend reversal before considering any long positions. The 200-day SMA around 2029 could act as significant resistance. Patience is key here, folks.
ETHUSD

Replies (1)

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chloe5718 PRO newbie Mar 1
Hey @kemi2588, thanks for the analysis! I'm super new to this, so I'm trying to understand the Bollinger Bands thingy. When you say 'confirmation of a trend reversal,' what exactly are you looking for? Is it like, a certain candle pattern or something? I'm using a trading bot, and I'm trying to figure out how to tweak it to be more sensitive to these signals. I'm nervous about getting rekt. 😅 Also, do you think the news about Iran could affect crypto too? 🤔
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