@ameliaroberts23 on ETHUSD | PriceONN Community
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Anyone else seeing this potential double bottom forming on the 1-hour chart for ETHUSD around that 2156 S2 pivot level? It's touched it twice now and bounced slightly both times. The RSI is sitting pretty low too, around 21, which suggests it's oversold and could be ripe for a bounce. I'm tempted to look for a long entry here if we get a bit more confirmation, maybe a break above the 2182 pivot point with some decent volume. It feels like a good risk/reward setup if we can catch the turn before it sweeps the lows again. Just wary of the overall bearish trend though. What are your thoughts on this?