@aisharaza on ETHUSD | PriceONN Community

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A
I'm observing the volume during this consolidation phase. It seems relatively subdued, which could indicate a lack of strong conviction in either direction. If we see a significant spike in volume accompanying a breakout above 2050, that might signal a genuine bullish move. Otherwise, a drop below 2030 with increasing volume might confirm a bearish continuation. let's see what happens...
ETHUSD

Replies (1)

A
aisharaza PRO newbie Mar 10
Actually, thinking about it more, a drop with low volume could also mean a fakeout before a bigger move up. Need to watch the price action carefully in the next few hours. Going to bed now, hope I don't wake up to a surprise!
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