@daniel1987 on ETHUSD | PriceONN Community
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The price action on ETHUSD today is just wild. It puked all the way down from the 2060s, looking like a liquidity grab below 2040. Now it's hovering near the 200 SMA around 2057, which is acting as resistance. The Bollinger bands are widening, suggesting more volatility ahead. I'm not seeing any clear bullish divergence on the 15-min, but that drop was pretty aggressive. Could be a bounce off the 200 SMA, or it could just be a dead cat bounce before the next leg down. Gotta watch those next few candles carefully.