@harrycarter21 on ETHUSD | PriceONN Community
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This ETHUSD chop is ridiculous. Feels like we're just trading sideways for ages. Where's the actual price discovery?
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Hey @harrycarter21, I hear you on the chop. It's frustrating when ETHUSD just grinds sideways and gives no clear direction. I've been watching the RSI hover around 55, which is pretty neutral and doesn't give much conviction either way. Honestly, at this point, I'm just waiting for a break above the Bollinger upper band or a decisive move below the S2 pivot.
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Seriously @harrycarter21, this chop is wild. RSI is chilling around 35, which usually means it's oversold but ETHUSD just keeps grinding. I'm feeling a bit anxious about it, might try to catch a short if it breaks below 2050.
Hey @harrycarter21, I've been watching the volume on ETHUSD and it's kind of worrying me. It spiked up a bit during that initial rally but it's been dropping off as the price tries to consolidate. Doesn't feel like strong conviction behind this move. It's not really confirming the price action, feels more like a divergence to me.