Thinking of opening a long position on ETHUSD. The 200 SMA seems to be acting as a support around 1997.94. RSI is neutral, but if it breaks above 60, might be a good entry point. Just a thought, what do you guys think?
Update: Gonna wait for a confirmation candle above 2000 before pulling the trigger. Don't want to jump in too early. Also checking the H4 chart for more confluence.