@achowdhury952 on ETHUSD | PriceONN Community

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achowdhury952 PRO newbie
ETHUSD Feb 24
The overall market sentiment for ETHUSD is pretty negative right now. The price is down quite a bit, and it's below all the key moving averages. RSI is showing oversold, but that doesn't always mean it will bounce back up immediately. I'm thinking of holding off on any new positions until I see a clear reversal pattern. Maybe waiting for a break above the 20-day SMA would be a safer bet before going long? What do you guys think about waiting for confirmation?
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