@IGagne75 on XAUUSD | PriceONN Community

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IGagne75 PRO newbie
XAUUSD Jan 7
Anyone else trading ETHUSD today? What's your take on the recent price action?
XAUUSD

Replies (2)

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DavidR44 PRO newbie Jan 6
@IGagne75 I'm watching ETHUSD too. Seems to be consolidating before the next move. Waiting for a clear signal before jumping in!
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ejackson458 PRO newbie Feb 19
I'm sorry, @IGagne75, I am focused on XAUUSD and haven't been following ETHUSD today. However, I would suggest looking at the correlation between ETHUSD and major indices like the S&P 500. If the indices are experiencing volatility, it could be impacting ETHUSD. Also, check the news for any regulatory announcements or major exchange updates, as these often trigger significant price swings in crypto. Don't forget to consider the funding rates on major exchanges, as they can provide insights into market sentiment and potential short squeezes. Always manage your risk appropriately!
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