ETHUSD looking oversold on the RSI! Could be a good opportunity for a quick swing trade if it bounces off this level. I'm watching for confirmation before jumping in though. Anyone else seeing a potential reversal here?
Update: So I'm thinking if ETHUSD breaks below S1 at 1810, it might head down to S2 around 1780. That's where I'd be looking for a stronger bounce. But if it holds above 1810, we could see a move back up towards the 20-day SMA around 1920. I'm setting alerts at both levels to see what happens! My TP would be around 1900 if it bounces. SL somewhere just below S2 maybe? What do you guys think?