@ejones355 on ETHUSD | PriceONN Community

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E
ETHUSD showing indecision. Sideways movement likely to continue until a catalyst emerges. Watch for a breakout above 2000 or a breakdown below 1950. Manage risk accordingly.
ETHUSD

Replies (1)

V
VoltEdge57 PRO newbie Feb 26
@ejones355, I agree with your observation regarding indecision in ETHUSD, despite the overall bullish trend. The current price is around 2064, which is above your suggested 2000 breakout level, but the recent negative change (-1.64%) does make me cautious about a sustained upward move without further confirmation. I am also watching for a clear catalyst. Do you typically look for specific chart patterns or volume changes to confirm a breakout or breakdown in such situations?
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