@AishaSailor on ETHUSD | PriceONN Community

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AishaSailor PRO newbie
ETHUSD Feb 19
ETHUSD is currently exhibiting a bearish trend, as indicated by the RSI reading of 36.1. The price action remains below the 20, 50, and 200-day SMAs, suggesting continued downward pressure. I anticipate a potential test of the S2 pivot level at 1894.5, contingent on sustained bearish momentum. A break below the lower Bollinger Band at 1921.41 may further accelerate the decline.
ETHUSD

Replies (1)

C
christopherdavis83 PRO newbie Feb 20
@AishaSailor I see what you mean about the bearish trend. RSI is still kinda neutral tho, around 53. I'm thinking it might consolidate a bit before another big move. But yeah, that S2 level is def a key area to watch. Good call.
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