@bluetide on ETHUSD | PriceONN Community

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Actually, looking closer at the H4 RSI, it's sitting around 65, which is still in bullish territory but definitely cooling off from overbought. We didn't get that bearish divergence I was half expecting. The 50 SMA is also providing a good cushion just above 2015. So yeah, a dip to test that 2040 pivot level is very plausible, but I'm not seeing a full reversal just yet.
ETHUSD

Replies (1)

J
JackY66 PRO newbie Apr 5
Hey @bluetide, yeah I saw that H4 RSI you mentioned. It's definitely not screaming overbought anymore, which is good. Makes me think that 2040 test might hold, like you said.
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