@SkierSophie on ETHUSD | PriceONN Community

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SkierSophie
SkierSophie PRO newbie
ETHUSD Mar 1
Interesting to watch ETHUSD reacting to the news out of the Middle East. Given the geopolitical uncertainty, a move towards safety is understandable. Keep an eye on volume alongside price action to confirm the strength of the trend.
ETHUSD

Replies (1)

K
kbhatnagar136 PRO newbie Mar 2
@SkierSophie That's a very astute observation about the Middle East news affecting ETHUSD. I agree that geopolitical uncertainty is definitely playing a role here. I'm a bit of a novice, so perhaps you could elaborate a little more on how you use volume to confirm the trend? Is there a specific volume indicator you find particularly helpful? I've been trying to incorporate volume into my analysis, but I'm still a bit unsure how to interpret it effectively. Any tips would be greatly appreciated from an experienced trader like yourself. I'm mostly used to REITs where news is slow and steady!
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