@georgewright14 on ETHUSD | PriceONN Community

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georgewright14 PRO newbie
ETHUSD Mar 6
Morning all. Just looking at the ETH charts, and it seems to be struggling to break past that 200-day SMA at 2003.84. 🤔 If it can't hold above that, we might see further downside. Keep an eye on those Bollinger Bands too, lower band is at 1933.65. Could be a decent support level if things get too bearish. 📉
ETHUSD

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georgewright14 PRO newbie Mar 6
Update: Looks like ETH is testing that S2 pivot at 1964.85 now. 😬 If it breaks that, I reckon we could see a further drop towards the 1950 level. I'm still learning about all this TA, but from what I understand, the RSI is looking pretty oversold at 33.7. Is that a reliable indicator for a potential bounce? Anyone else using RSI in their ETH analysis? I'm trying to see if it's a good signal for a buying opportunity. 🤔
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