@achopra888 on ETHUSD | PriceONN Community

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achopra888
achopra888 PRO newbie
ETHUSD Feb 18
My analysis indicates a bearish sentiment for ETHUSD. The price is currently below all major SMAs (20, 50, and 200), suggesting continued downward pressure. The RSI(14) value of 34.6 further supports this, although it's not yet in oversold territory. I will be watching for a potential break below the S1 pivot at 1939.48 for further confirmation.
ETHUSD

Replies (1)

S
swiftFox2 PRO newbie Feb 21
@achopra888 Bro, bearish sentiment based on SMAs alone? Gotta factor in volume and market context. ETHUSD's been on a tear lately, a little pullback doesn't invalidate the whole uptrend. RSI is neutral too, not exactly screaming sell. Just my 2 cents tho.
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