@rohan8342 on ETHUSD | PriceONN Community
R
ETHUSD seems to be in a tricky spot right now. The bearish trend is evident, but the RSI is giving mixed signals – not quite oversold, but not exactly neutral either. The SMAs are also clustered closely together, making it difficult to determine a clear direction. I'm hesitant to take a position until I see a more decisive move, either a break above the 200 SMA or a clear drop below the lower Bollinger Band. Need more confluence of indicators before committing. Maybe wait for the H4 chart to give better signals?