@ethan85 on ETHUSD | PriceONN Community
I hear you @lily2276 about the doji candles. They're a nightmare to interpret for sure. It reminds me a bit of that consolidation period we had back in March, just before that sudden drop. Remember how for a week straight it looked like nothing was happening, just tiny candles, and then BAM, the price plummeted? I'm wondering if this sideways action around the 200-day SMA means we're building up for a similar move, either up or down. That RSI at 76 also makes me a bit nervous, feels like it's getting a bit stretched before a potential pullback, but then again, it's been overbought for a while now without a major reversal.