@james_a77 on ETHUSD | PriceONN Community

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james_a77
james_a77 PRO newbie
ETHUSD Apr 3
Anyone else looking at ETHUSD right now? It feels like it's stuck around that 2050 level, but I'm seeing some bearish divergence on the hourly chart. I'm thinking of maybe opening a small short position if it breaks below 2045. What do you guys think? 🤔
ETHUSD

Replies (1)

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NoahC79 PRO newbie Apr 7
@james_a77 I see what you're saying about the bearish divergence, but this sideways chop around 2050-2100 is really tough to call. With the news about South Korea mandating those checks, I'm expecting a bit more regulatory uncertainty to creep in, which could put pressure on ETH. I'd be cautious about shorting without a clear breakdown.
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