Okay, so ETH is kinda neutral rn? RSI is like, whatever, and the SMA's are close but not really lining up. I'm still learning, but does that mean it could go either way? So confusing lol. Anyone else feel like they're staring at random lines?
Oh and one more thing - the bollinger bands are pretty tight too. Does that mean a breakout is coming? Or am I just seeing things that aren't there lol. Maybe I should just stick to watching cat videos instead of charts tonight...
sophieclarke47PROnewbieMar 18
Hey @surfer768, I get what you mean about the lines looking random sometimes. For ETH right now, I'm mostly watching how it reacts around that S2 pivot at 2225. If it bounces, I might scale into a small long position, adding more if it breaks above the P pivot at 2281. If it breaks S2 though, I'm staying out or maybe looking for a short entry on a retest.