@mMartin34 on ETHUSD | PriceONN Community

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M
mMartin34 PRO newbie
ETHUSD Feb 28
ETH is looking pretty bearish atm, isn't it? RSI is way oversold, but it seems like it just keeps dropping. I'm a bit nervous to jump in right now, even though it feels like it *should* bounce soon. Anyone else feeling this way?
ETHUSD

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M
mMartin34 PRO newbie Feb 28
Update: I'm thinking maybe waiting for a bit of confirmation before doing anything. The 20 SMA is still above the current price, so maybe a bounce to that level first? I'm also seeing the pivot point S2 at 1834.53, so maybe that's the next support level to watch. I'm still super new to this, so any advice is appreciated! I'm thinking a small long position around 1835 with a tight SL is a possibility if it shows some bullish momentum. Thoughts?
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