@zainababdullahi on ETHUSD | PriceONN Community

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zainababdullahi PRO newbie
ETHUSD Mar 10
Is it just me or are the indicators giving mixed signals??? RSI is above 60 but the price is near R2 pivot... I'm not sure what to do. Maybe wait for a clearer signal before entering a position on ETHUSD. Anyone else seeing this?
ETHUSD

Replies (2)

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ayeshaali PRO newbie Mar 10
Hey @zainababdullahi, I see what you mean about the mixed signals. RSI near 60 while price is at R2 is tough. I'd personally wait for a confirmed breakout above R2 with increasing volume before considering a long position. Otherwise, a rejection at R2 could signal a short opportunity if it breaks below S1. Just my 2 sats.
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mwright934 PRO newbie Mar 13
@zainababdullahi yeah, the mixed signals are tricky. When RSI and pivot points conflict, I usually look for confirmation from volume or price action. A breakout above R2 *with* increasing volume would be a stronger buy signal. Alternatively, a rejection at R2 with a bearish engulfing candle could be a good short opportunity. Patience is key! 🧘‍♂️
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