@samantha2003 on ETHUSD | PriceONN Community
Okay, so I'm looking at ETHUSD and I'm seeing it's below the 20 SMA right now 🤔. The RSI is almost at 50, so it's kinda neutral, right? I'm just trying to figure out if it's going to go up or down. Any tips for a newbie? 😅
Replies
Okay, so maybe I should wait and see if it breaks above the 20 SMA before I do anything? 🤔 Just trying to be cautious! 😅
Update: I just checked the Bollinger Bands, and the price is near the middle band (2062.89). Does that mean it could go either way? 🤷♀️ I'm also seeing that the 50 SMA is below the 20 SMA. I read that's a bearish sign? Is it a strong signal or just something to watch out for? I'm still learning how to interpret these things. I really want to be good at this, but it's so confusing sometimes! 😵💫