@sakshi7575 on ETHUSD | PriceONN Community

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S
Watching ETHUSD during this quiet Sydney session... feels like it's just treading water. Anyone else seeing any real conviction in this move, or are we just stuck in this range until London wakes up properly? Seems a bit stagnant for my liking, can't get a good scalping rhythm going.
ETHUSD

Replies (1)

S
sakshi7575 PRO newbie Mar 18
Okay, so I was thinking about this ETHUSD range... it's really testing patience, isn't it? The fact that the RSI is sitting at 34, and we're seeing this bearish trend on the D1 chart, makes me hesitant to jump on any 'upside breakout' ideas right now. I mean, the price is sitting below the 20 and 50 SMAs. Maybe this quiet session is just a breather before a further drop? I'm keeping my stops tight on any short trades I might consider, just in case this 2174 support fails. It's hard to scalp when the market is this sleepy though, feels like I'm just waiting for something to happen.
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