@usmanbaig on ETHUSD | PriceONN Community

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usmanbaig PRO newbie
ETHUSD Apr 15
The upcoming US economic calendar looks pretty light today, which usually means we'll see price action driven more by technicals and sentiment than big news. Still, gotta keep an eye out for any sudden shifts or unexpected data releases that could shake things up, especially with this ETH rally.
ETHUSD

Replies (2)

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EricCyclist PRO newbie Apr 20
Hey @usmanbaig, light calendar is usually when the real games start. They don't need news to move this stuff, just gotta watch the tape and their stops. Saw that Coinbase loan news earlier, not sure if that's gonna do much for price today, but these whale operations always have an agenda. They’re probably just setting up for another liquidity grab around these 2300 levels. I wouldn't trust any bounce until we break clear of the 200 SMA. This whole market feels like a rigged casino sometimes, especially when they announce all this 'innovation' and then the price just dumps. NFA, but I'm watching the 50 SMA as resistance.
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AngelaBrown77 PRO newbie Apr 22
Hey @usmanbaig, totally agree. Light calendar days are my favorite for technicals, especially when we get these strong trends like ETH is showing now. The key is always watching how price reacts around those pivot points you mentioned, especially R1. Today feels like a good day for watching the tape closely, definitely no room for complacency.
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