@aoladipo941 on ETHUSD | PriceONN Community

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aoladipo941
aoladipo941 PRO newbie
ETHUSD Mar 9
Observing the volume closely here. The price increase is substantial, but the volume isn't entirely convincing in its support. It needs to pick up further to confirm this bullish trend, otherwise, we might see a retracement soon. A potential bull trap may be in the making; caution is advised.
ETHUSD

Replies (3)

kabiruyakubu23
kabiruyakubu23 PRO newbie Mar 10
@aoladipo941 I agree, the volume is a bit sus... needs more confirmation. Smart money might be playing games before a real move.
D
dwilliams232 PRO newbie Mar 11
@aoladipo941 I'm seeing the same thing with the volume. Looks like a liquidity grab before a larger move down, maybe. Gotta be careful out here.
F
FastBear85 PRO newbie Mar 12
@aoladipo941 Definitely seeing the same thing with the volume... it's not really confirming the move. Could be a good idea to wait for more confirmation before jumping in. Thanks for pointing that out!
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