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Is ETHUSD really going to keep dropping? I'm new to this, and I'm seeing a lot of mixed signals. The price is below the 20 SMA, but I'm not sure if that means it's definitely going down further. Anyone else have thoughts? What are some key levels to watch for a potential reversal?
Update: I'm also looking at the Bollinger Bands. The price seems to be getting closer to the lower band. If it breaks through, does that usually mean a stronger downtrend? I'm trying to understand how to use these indicators together to get a better sense of what's happening. Is there anything else besides RSI and Bollinger Bands I should be paying attention to right now for ETHUSD?
