Looking at ETHUSD, I'm seeing a potential short setup forming. Price is struggling to hold above the 20 SMA around 1946, and the RSI is hovering near 50. If it breaks below S1 at 1945.92, I'll be looking for a move down to S2 around 1936.82. SL would be just above the 20 SMA.
@brandon1994 I'm seeing something similar. That 20 SMA is def a key level to watch. I'd be a bit hesitant to short it right away though, might be a fakeout before a bigger move up. Maybe wait for confirmation below 1945 before pulling the trigger? Just my 2 cents.
