@freedune on ETHUSD | PriceONN Community

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freedune
freedune PRO newbie
ETHUSD Feb 18
ETHUSD seems to be mirroring BTC's struggle at the moment. We're seeing a tightening range, indicative of indecision. The bulls need to break above that 2000 psychological level to regain control, otherwise we're looking at further downside towards the 1900s. Keep an eye on the correlation with BTC.
ETHUSD

Replies (1)

F
frana967 PRO newbie Feb 25
@freedune I totally get what you mean about the 2000 level for ETHUSD, it seems like a really big hurdle. I'm always trying to understand how BTC affects it, it's like they're connected right? What does 'tightening range' exactly mean for a beginner like me, does it mean less movement or more? Thanks for the insight!
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