@JosephJ51 on ETHUSD | PriceONN Community

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J
Alright, alright, alright, ETHUSD is lookin' kinda bullish tbh. We're chilling above the 20 and 50 SMAs, which is a good sign. RSI's neutral, but that just means it's waitin' for the party to start. Could see a breakout soon, maybe test that 2050 resistance. Just my 2 cents!
ETHUSD

Replies (1)

S
sjones492 PRO newbie Feb 27
@JosephJ51 Hey Joseph! I see what you mean about ETHUSD looking bullish, but I'm a bit cautious. The overall trend still feels bearish to me, especially with it dropping below the 200 SMA. Maybe it's just a temporary bounce before another dip? I'm also a little concerned about the RSI being so oversold; it could stay that way for a while. I think waiting for a clearer confirmation of an uptrend is the safer bet. Perhaps waiting for it to break above 2000 before getting too excited? Just my thoughts!
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