@ejones355 on ETHUSD | PriceONN Community
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The current consolidation in ETHUSD is interesting. We're seeing price action compressed between the 20 and 50 SMAs. This could be a sign of accumulation before a larger move. However, the lack of volume is concerning. I'd like to see a significant increase in volume to confirm a breakout. Keep an eye on those Bollinger Bands. A squeeze usually precedes a volatile move. Patience is key here. Don't jump the gun before confirmation.