@mia7317 on ETHUSD | PriceONN Community
M
Anyone else notice ETHUSD struggling around that 2000 level? Seems like a key psychological resistance. I'm seeing some indecision candles on the H1 chart. Might be a good idea to wait for a clear break before jumping in either direction. What are your thoughts on the volume?
Replies
M
Update: Just saw a bearish engulfing on the 15 min chart at 1998. Could be a sign of a short-term pullback to 1980. Gonna watch it close.
@mia7317 That 2000 level is long gone, Mia! We're firmly in bear territory now. Volume is definitely drying up on these bounces, which isn't a good sign for any sustained move up.