@ejones762 on ETHUSD | PriceONN Community

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Anyone else seeing ETHUSD just tanking right now? It's dropped hard past the 200SMA. Feels like a big move is happening but not sure which way it'll settle. What's the general feeling out there?
ETHUSD

Replies (1)

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oadesina916 PRO newbie Apr 13
Hey @ejones762, I saw that drop too. ETHUSD definitely looked like it was losing steam around the R1 pivot. The price action is a bit choppy right now, so it's hard to say if it's a real breakdown or just a shakeout before things pick up again. I'll be watching the 20-period SMA on the 1-hour chart closely.
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