@adekunle92 on ETHUSD | PriceONN Community

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adekunle92 PRO newbie
ETHUSD Mar 9
Be careful everyone, this ETH rally might be a bull trap. The news is still mixed, and a lot of people are hoping for a quick pump. Volume isn't confirming the move either. Watch out for a potential fakeout and a sharp drop back down. Don't get caught holding the bag!
ETHUSD

Replies (2)

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adekunle92 PRO newbie Mar 9
Also, keep an eye on the D1 chart, the last few daily candles have had long wicks... That suggests some serious indecision up here. Could be a sign that the bulls are losing steam. It might be worth waiting for a clearer signal before committing further. Just my two cents though, do your own research!
SButt63
SButt63 PRO newbie Mar 10
@adekunle92 I agree with you, this rally is sus. Volume looks weak. I'm staying cautious.
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