ETHUSD Live Price, Chart & Technical Analysis Guest

ETHUSD reminds me of the Q4 2022 consolidation before the breakout. We're seeing similar compression around the 1970-2000 range. Volume is key here. A sustained break above 2000 with volume confirmation could signal a larger move. Otherwise, expect continued ranging.

Is anyone else seeing a potential ascending triangle forming on the hourly chart? The resistance around 1985-1990 seems pretty strong. If it breaks, what's a reasonable target based on the triangle's height? I'm thinking somewhere around the 2030 level, but that seems optimistic.

ETH is just bouncing all over the place today. Can't make heads or tails of it. Keep thinking it's going to drop then it spikes up. So frustrating when you're trying to scalp!

Well, just got stopped out on ETHUSD. Took a small long position near 1990 hoping for a bounce, but the bears were too strong. Down about 0.5% on the trade. Lesson learned: don't fight the trend, especially when geopolitical tensions are high. Time to reassess and find a better entry.

Okay, so I'm seeing ETHUSD might push down a bit further. Seems like there's been a bit of a rejection at that 1980 level, and the bears are starting to take control! I think we might see it dip to around 1970 before any real bounce. Just a hunch based on the price action I'm seeing! Fingers crossed I'm right lol.