@cbrown824 on ETHUSD | PriceONN Community
C
I'm watching that 2400 level pretty closely now on ETHUSD. It feels like resistance, and with all this talk about Bitcoin hitting new highs, I'm wondering if we're going to see a breakout or if it's just a bull trap before a bigger correction. The RSI is sitting in neutral territory, which doesn't give me much to go on, and the Bollinger Bands are widening a bit, suggesting increased volatility. I'm hesitant to go long up here, especially after seeing how quickly price pulled back from 2390 just now. Is anyone else seeing any specific patterns that might suggest a clear move either way? Like a potential double top forming around 2400, or maybe this whole upward push is just noise before a real move down?