Alright, so ETH is looking kinda bearish, right? RSI is under 35, and it dipped below the 200 SMA. I'm thinking about shorting it, maybe around 1965, with a tight stop loss. What do you guys think? Am I missing something obvious here?
@LucasThompson2 I'd be cautious about shorting based solely on the RSI being below 35. Market conditions are very volatile right now due to the geopolitical news. Have you considered the larger timeframe trends? A short might be premature before confirming a downtrend on the D1 chart.
