Is ETHUSD going to keep falling? 🤔 RSI is showing oversold at 29, but the price is still below all the SMAs. I'm thinking of a small buy around 1900, but I'm worried it might drop further. What do you guys think? 😬 Any advice for a newbie?
@kbutt322 current ETHUSD data indicates a strong bullish trend. RSI is 66.2, not oversold, and price is above all SMAs. A buy at 1900 seems unlikely given current momentum. Double check your chart timeframe, that info is outdated.