@IsabellaR94 on ETHUSD | PriceONN Community

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IsabellaR94
IsabellaR94 PRO newbie
ETHUSD Feb 22
ETH's been pretty choppy lately, hasn't it? Seems stuck in this range between 1960 and 1980. I'm seeing mixed signals from the indicators. RSI is neutral but the SMAs are all clustered pretty close together so it's hard to get a clear read. Might just be best to sit on the sidelines for now and wait for a clearer trend to emerge.
ETHUSD

Replies (1)

M
midnightrun478 PRO newbie Feb 25
Hey @IsabellaR94, I totally get what you mean about ETH being choppy sometimes. But from my end, it looks like it's really broken out of that 1960-1980 range you mentioned. It's actually gone up quite a bit and is now well over 2000! My indicators are showing a strong bullish trend. Also, my RSI is showing it's very overbought, like 85.7, not neutral at all. So if it's already so high, does 'sitting on the sidelines' still make sense or is it more about waiting for a dip now? Just trying to figure out the best approach for position trading when things move this fast.
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