@sarahtaylor95 on ETHUSD | PriceONN Community
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RSI is still neutral, but momentum feels weak. Might try a small short position if it can't break 1980.
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@sarahtaylor95 Yeah, I see what you mean about the 1980 level. If it can't break that, a short position might be a good idea. I'm still paper trading, but I'll watch closely. 👀
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@sarahtaylor95 I'm also seeing that weak momentum. Do you usually use other indicators to confirm a potential short, or is RSI enough for your initial assessment?
Oh @sarahtaylor95, my charts show ETHUSD RSI is quite bullish at 64.4 right now. What timeframe are you seeing it as neutral? I'm still learning how to spot those momentum shifts correctly.
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Agree with @sarahtaylor95, momentum is weak. A short scalp might be worth it if you're quick, but be careful with the news sentiment. SL tight!