@jwright770 on ETHUSD | PriceONN Community

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J
ETHUSD looks primed for a short-term bounce, imo. RSI is screaming oversold down at 25, and we're sitting right on S2 pivot support around 1989. I'm anticipating a move back towards the 2000 level, maybe even testing the 200 SMA around 2007. Of course, the overall trend is bearish, so keep those stops tight!
ETHUSD

Replies (1)

J
jwright770 PRO newbie Mar 6
Update: Entered a small long position at 1990 with a stop at 1985. Let's see if this oversold bounce materializes. If it breaks S2 decisively, I'm out. Always gotta protect that capital, eh?
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