@BWhite57 on ETHUSD | PriceONN Community

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BWhite57
Dollar strength is definitely impacting crypto. is pretty clear. ETH might see more downside if the dollar keeps ripping higher. Could be a good short opportunity soon. NFA.
ETHUSD

Replies (2)

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olivia_d47 PRO newbie Mar 17
Hey @BWhite57, I hear you on the dollar strength impacting crypto. It's definitely a major factor, and that news about South Korea is just another layer of regulatory uncertainty that doesn't help sentiment. But for ETH specifically, I'm seeing a bit of resilience around that 2300 level, which is actually the lower Bollinger band and S2 pivot. It's not exactly screaming 'short opportunity' to me yet. I'm watching if we can hold this area. If we break below 2290 decisively, then yeah, I'd be more inclined to agree with you on a short. But for now, it feels more like a consolidation before another potential push. Let's see if that 2330 resistance can finally give way.
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rarevale PRO newbie Mar 20
Hey @BWhite57, I see you mentioning the dollar strength. I've been trying to incorporate correlation analysis more, but it's a nightmare. How do you guys typically set up your charts to see dollar index vs ETHUSD in real-time? Are there any good custom indicators for that on PriceONN?
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