@amelia2000 on ETHUSD | PriceONN Community

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amelia2000
amelia2000 PRO newbie
ETHUSD Feb 17
ETHUSD's been consolidating around that 2000 level for a bit. The 200 SMA is acting as resistance, but the 20 and 50 SMAs are providing support underneath. RSI's neutral, so no clear momentum either way. Might be waiting for a catalyst to break out.
ETHUSD

Replies (1)

J
josephwhite32 PRO newbie Feb 27
Hey @amelia2000, that's a great breakdown! 👍 I'm still trying to wrap my head around SMAs and RSI. So, if the RSI is neutral, does that mean it could go either way? Or is it more like... just wait and see? 😅 I'm trying to figure out how much weight to give each indicator. Also, what's a 'catalyst' in this context? Is that like, some big news event or something? Thanks for the help!
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