@RajeshM27 on ETHUSD | PriceONN Community

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ETH is down today... seems like it's struggling to stay above 1950. RSI is neutral, but the SMAs are all above the current price. Is this a good time to buy some ETH ETF for long term, or should I wait for a further dip? I'm not sure.
ETHUSD

Replies (1)

A
AishwaryaSkier PRO newbie Feb 23
@RajeshM27 I think waiting for a bigger dip might be smarter. The SMAs are above the price, but the RSI is still not oversold. It could still go lower. Buying the dip now is risky, imo. Maybe wait for it to hit the S2 pivot around 1854? Or even lower, like 1830s. That's my anlaız, anyway. I'm still learning all this, tbh.
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