@mia_y52 on ETHUSD | PriceONN Community
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I've been watching ETHUSD closely, and it seems to be stuck in a bit of a range. The RSI is neutral, which isn't giving a clear signal. 🤷♀️ We're kinda sitting between the 20 and 50-day SMAs, but the 200 SMA is acting like resistance. I'm thinking it might test the R1 pivot at 1992.16 again soon. If it can't break that, we might see a pullback towards the S1 pivot around 1976.68. I'm going to wait for a clearer breakout before making any big moves. Patience is key, right? 🧘♀️
Replies
Hey @mia_y52, I'm also finding ETHUSD a bit confusing at the moment tbh! That range you mentioned is defo something I've noticed too. And yeah, the RSI not giving a clear signal isn't helping at all is it? I'm still learning about SMAs, but it's interesting how you're seeing the 200 acting as resistance. Do you think that 1992.16 pivot point is a strong resistance? I'm trying to understand how those pivot points work, so any insight would be amazing! I'm thinking of maybe scalping a quick short if it hits that level again, but I'm nervous!