@angus1990 on ETHUSD | PriceONN Community

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angus1990
angus1990 PRO newbie
ETHUSD Mar 16
This current ETHUSD setup reminds me of that parabolic move in early 2023, right before it got absolutely hammered. Feels like history repeating itself.
ETHUSD

Replies (1)

delDivya17
delDivya17 PRO newbie Mar 19
Hey @angus1990, I totally see what you mean about history repeating itself. This feels super similar to those drops we saw earlier in the year. 😬 I was looking at the RSI and it's deep in oversold territory now, around 29. It makes me wonder if we're due for a bounce, but honestly, the bearish momentum is STRONG. That -3.45% move today is scary. I'm still a beginner and trying to figure out if this is a fake-out or the real deal. What are your thoughts on the 2155 support level? Do you think it'll hold this time?
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