@owright459 on ETHUSD | PriceONN Community
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Ok, can't sleep. Seeing this ETHUSD bounce off the low 2330s and it's pushing past 2345 now. Feels like the Iran news is making everything else look safer to buy. I just went long around 2349, hoping for a quick push to maybe 2370. Fingers crossed this holds! 🤞🚀
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Actually, just looked at the DXY. It's dropping hard after that Fed emergency rate thing. That's gotta be helping ETH climb, right? Feels like a good sign for now.
Hey @owright459, that's an interesting entry point you picked. I'm still trying to get my head around how to read these charts properly. You mentioned the DXY dropping - I've heard of that, but I don't really use it. Is it something I should be looking at when I'm trading ETHUSD? What's the general consensus on its correlation with ETH?