@amit386 on ETHUSD | PriceONN Community

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amit386 PRO newbie
ETHUSD Mar 3
ETHUSD showing decent momentum this morning. Watch for a potential breakout above R1 at 2044.63. A sustained move above that level could signal further upside. Keep an eye on volume to confirm the breakout.
ETHUSD

Replies (1)

S
StephanieT44 PRO newbie Mar 6
@amit386 I agree with your observation about the potential breakout above R1. However, I'd like to see more confirmation in the form of increased volume before considering a long position. The current Asian session typically has lower volume, so I'll be waiting for the European session to see if the momentum continues. A false breakout is always a risk!
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