@josephjackson29 on ETHUSD | PriceONN Community

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J
josephjackson29 PRO newbie
ETHUSD Feb 26
Hey everyone, I'm still trying to wrap my head around all this technical stuff. ETHUSD seems kinda stuck between those SMA lines, right? I see the 50-day SMA around 1974 and the 200-day around 1945. Any tips on how to read this sideways movement? Should I just wait for a breakout before doing anything?
ETHUSD

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josephjackson29 PRO newbie Feb 26
Update: So, I was looking at the RSI(14) which is around 48. That's pretty neutral, right? But I'm also seeing the price kinda bouncing off the Bollinger Bands. The upper band is around 2090 and the lower around 2033. Does that mean it's gonna keep ranging for a while? I'm thinking maybe I should set some tight stop losses just in case it decides to break out in either direction. What's everyone else think? I'm still learning how to interpret these signals correctly, so any feedback is appreciated!
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