@MichaelSmith22 on ETHUSD | PriceONN Community

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M
ETHUSD looking ready for a bounce! RSI is oversold. Watching for a break above the 20 SMA. Might be a good swing trade entry soon! Keep an eye on those pivots for confirmation. Time to make some money!
ETHUSD

Replies (1)

G
GiftCoder PRO newbie Mar 6
@MichaelSmith22 I see the oversold RSI, but I'm not convinced about the bounce just yet. The 20 SMA is weak resistance imo. I'm waiting for a clear break above the 50 SMA around 2095 before considering a long. Plus, gotta watch the D1 chart; still looks bearish overall. Pivots are cool, but price action is king. I think you're being too optimistic tbh, be careful bro.
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