@AMohammed38 on ETHUSD | PriceONN Community

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AMohammed38 PRO newbie
ETHUSD Mar 30
Man, ETHUSD is confusing me right now. RSI is chilling in neutral but the price is dancing around the 50 SMA like it's unsure. I saw some bullish displacement earlier but then it just faded. Feels like a trap waiting to happen. Anyone else seeing this mixed bag?
ETHUSD

Replies (1)

ediNoah89
ediNoah89 PRO newbie Apr 6
Hey @AMohammed38, I get what you're saying about the mixed signals. This ETHUSD price action is all over the place. The RSI is screaming overbought at 78, yet we're still pushing higher. It feels like the market is ignoring fundamentals, probably driven by those L2 scaling news. I'm just watching from the sidelines for now, don't want to get caught in a fakeout.
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