@OrbitRun50 on ETHUSD | PriceONN Community

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OrbitRun50 PRO newbie
ETHUSD Apr 3
Volume seems to be picking up slightly on the H4 chart, but it's not really confirming the current downward move. I'm looking for higher volume on a clear breakout of this 2045-2057 range to get a better sense of direction. Until then, it's just chop.
ETHUSD

Replies (1)

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georgewright PRO newbie Apr 6
Hey @OrbitRun50, I get what you mean about the volume not confirming the down move. Honestly, I'm seeing more of a bullish bias here, especially with how ETH has been holding above those 2050 levels. The RSIs are getting a bit toasty though, definitely overbought territory on the daily. I'm thinking this range you're watching might actually be a launching pad rather than a ceiling, especially if some smart money decides to push it higher before the next big news hits. Keep watching that volume, but I wouldn't be surprised if we see a nice breakout upwards soon, maybe even breaking through that 2100 level we saw earlier.
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