@hafiz1989 on ETHUSD | PriceONN Community

I'm trying to figure out a good swing trading strategy for ETHUSD. With the RSI in bearish territory (around 33), it looks like a potential selling opportunity. However, the SMAs are a bit mixed – 20 and 50 are close to the current price, but the 200 SMA is lower. Does anyone have experience swing trading ETHUSD with these indicators? What kind of stop-loss and take-profit levels would you recommend, considering the current volatility? I'm thinking of setting a tight SL just above the 20 SMA and a TP near the S1 pivot point, but I'm not sure if that's too aggressive.