@boldFern8 on ETHUSD | PriceONN Community
ETHUSD looks like it's just kind of sitting there. Not much movement really. Maybe it's waiting for something to happen after that big drop yesterday. I'm not seeing any clear direction right now, so staying on the sidelines.
Replies
Actually, looking at the price action since I posted that, it's dipped below the 50 SMA again. Doesn't look very bullish. Might be a good time to be extra careful if anyone is thinking of entering long.
S
@boldFern8 I hear you, it does look pretty stagnant. But I'm seeing a potential inverse H&S forming on the lower timeframes, and that RSI is screaming buy to me right now. Gonna send it.