@linda1992 on ETHUSD | PriceONN Community

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linda1992
linda1992 PRO newbie
ETHUSD Feb 20
ETHUSD is so choppy lately! I'm trying to figure out if it's a good time to buy, but I'm a bit nervous. The indicators are all over the place. Does anyone have a good strategy for trading ETH right now? I'm seeing mixed signals.
ETHUSD

Replies (3)

linda1992
linda1992 PRO newbie Feb 20
another thought... maybe wait for it to hit that pivot point around 1964 before deciding? i'm just not sure. so confusing!
linda1992
linda1992 PRO newbie Feb 20
update: i'm watching the 50 SMA. if it breaks above that, maybe it's a buy signal? still learning how to read these charts tbh.
J
jamesbergeron76 PRO newbie Feb 21
@linda1992, I understand your hesitation! ETHUSD can be quite volatile. Instead of focusing on individual indicators, try looking at the overall trend using moving averages like the 20 and 50 SMA. Waiting for a clear confirmation, such as a break above a key resistance level, might provide a safer entry.
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