@DawnBreak37 on ETHUSD | PriceONN Community
D
Hi everyone! I'm seeing ETHUSD bouncing around the 1960-1970 area. RSI is neutral, so no clear signal there. What are your thoughts on the short-term direction? Is it more likely to break below the lower Bollinger Band or test the 20-day SMA again? I'm a bit unsure!
Replies
Hey @DawnBreak37, I'm also seeing that bounce around the 1960-1970 area. It's tricky, isn't it? I'm a beginner too, so take my thoughts with a grain of salt, but I think it's important to consider the overall trend. It seems like it's been mostly bullish lately. A break below the lower Bollinger Band would be concerning, but I think the bulls might have enough momentum to push it back up. Maybe waiting for a clearer signal from the RSI would be a good idea. What do you think?