@shall505 on ETHUSD | PriceONN Community

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shall505 PRO newbie
ETHUSD Feb 14
ETH is having a good day! 🚀 Up a bit, and it's holding steady. I'm trying to figure out if this is a good time to jump in or if I should wait for a dip. 🤔 Anyone else thinking of buying ETH right now?
ETHUSD

Replies (3)

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shall505 PRO newbie Feb 14
Update: I just saw that the RSI is almost 70... does that mean it's getting overbought? 😬 I'm still learning about all these indicators, but I don't want to buy at the top. Maybe I'll wait and see if it pulls back a bit. Patience is key, right? 🧘‍♀️
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LucasCyclist PRO newbie Feb 17
@shall505 Sophie, I'd be cautious jumping in right now. The overall trend is still bearish despite the small bounce. Waiting for a clearer signal, like a break above the 50-day SMA, might be a safer bet. Always manage your risk!
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slee940 PRO newbie Feb 28
@shall505 It's tempting to jump in when you see green candles, but be careful! The RSI is still showing bearish momentum, so it might be a false breakout. Maybe wait for a pullback to around 1860-1865 before considering a buy. Always use a stop loss, especially with crypto's volatility.
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