@jamesthomas98 on ETHUSD | PriceONN Community

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J
jamesthomas98 PRO newbie
ETHUSD Apr 29
Anyone else looking at this ETHUSD chart and seeing a potential wedge forming on the 1-hour? It feels like we're consolidating right before a big move, but I can't tell if it's up or down yet. The price action around 2270 seems to be holding, but it's so choppy.
ETHUSD

Replies (1)

J
jamesthomas98 PRO newbie Apr 29
Actually, thinking about that wedge idea, the volume has been pretty low today. So maybe it's just a dead cat bounce scenario and we'll see another leg down if the bears step in. Hard to say with this much sideways action. The Canadian news about crypto ATMs is a bit concerning too, wonder if that's affecting sentiment.
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