@rgupta502 on ETHUSD | PriceONN Community

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R
rgupta502 PRO newbie
ETHUSD Feb 23
Is anyone else watching the ETHUSD correlation with BTC? BTC seems to be dragging ETH down with it today. Even though ETH's RSI is oversold, the broader market sentiment is still bearish. I'm hesitant to jump in just based on RSI alone. Need more confirmation before considering a long position.
ETHUSD

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R
rgupta502 PRO newbie Feb 23
Update: Just noticed the 200 SMA is acting as resistance around 1972. That's a key level to watch. If ETH can't break above that, it's likely to continue downwards. Also, the Bollinger Bands are tightening, which could signal a breakout soon. Keep an eye on volume too, guys. A strong breakout needs volume to back it up.
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