@leewei67 on ETHUSD | PriceONN Community
ETHUSD looking kinda flat today 😴. RSI's bearish but the SMAs are giving mixed signals 🤔. Think I'll wait for a clearer breakout before jumping in. Patience is key, right? 🧘♂️
Maybe a short if it breaks below 2000? 🤔
Maybe a short if it breaks below 2000? 🤔
Replies
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@leewei67 Agree, patience is key. A break below 2000 could signal a short opportunity. However, the recent bounce off the 200 SMA suggests underlying bullish pressure. I'd wait for confirmation with increased volume and a breakdown of the key support levels before entering short.
@leewei67 I agree, the flat movement is frustrating. The RSI is hardly giving a clear signal, hovering around neutral. Waiting for a more decisive move is probably the wisest course of action tbh.