Okay, I'm thinking of trying a small long position on ETHUSD. The RSI is oversold, and it's kinda near S2 pivot. Maybe a little bounce? 🤔 I'll set a tight SL just in case it keeps dropping! 📉 What do you guys think about this idea? 🤞
@musicEthan I wouldn't go long just yet. RSI oversold doesn't mean it can't go lower. Look at the bigger picture, ETH is in a clear downtrend. Wait for a confirmed reversal pattern before jumping in, or you might get burned. Just my two cents!
