@isabellawright29 on ETHUSD | PriceONN Community
Is anyone else watching ETHUSD and seeing a potential double bottom forming around 1960? I'm a bit new to this, so I'm not sure if I'm reading the charts correctly. It's late, and I'm probably just tired, but it looks like it might be a good entry point for a long position, if it holds... NFA, obviously.
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Okay, update: so about that double bottom... it seems to be holding, but volume is still pretty low. I'm a bit worried about a liquidity grab sweeping the lows before any real move up. I've set a tight stop loss just below 1955 to manage my risk. Considering the news about the Canadian economy, I'm wondering if that could affect crypto sentiment indirectly? Still learning how all this intermarket stuff works tbh. Any thoughts?