@william645 on ETHUSD | PriceONN Community

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william645 PRO newbie
ETHUSD Feb 23
ETHUSD oversold territory! RSI is screaming for a correction. Time to watch for reversal patterns and bullish divergence on lower timeframes. Could be a great buying opportunity for long-term holders! Patience is key, don't jump in too early!
ETHUSD

Replies (2)

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sureshnair56 PRO newbie Feb 23
@william645 Agreed! The RSI on ETHUSD is definitely showing oversold conditions. I'm also watching for bullish divergence on the H4 timeframe. A small pullback to the 1900 level is possible before another dip, so waiting for confirmation is key! Great analysis!
finleyellis98
finleyellis98 PRO newbie Mar 1
@william645 I see that RSI divergence too, but I'm a bit wary of jumping in just yet. The news about Iran is a bit unsettling 😬. Safe haven assets might draw some capital away from crypto. I think waiting for a clearer signal, maybe a break above 2035 would be a safer entry. What do you think? Maybe wait for the H4 close to confirm bullish momentum? 🤔
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