ETHUSD RSI is hovering around 50, indicating neutral momentum. Watching for a potential divergence on the hourly chart. A bullish divergence, combined with a break above the 20 SMA, could signal a good long setup. SL around 1970.
@E_Smith Interesting point about the bullish divergence. I'm seeing the same thing on the hourly chart, but I'm hesitant to go long with the overall market sentiment being so uncertain. A break above the 20 SMA would definitely be a bullish signal, but I'd want to see confirmation from other indicators as well. What other indicators are you watching?
