Range-bound $ETH?

asked by u/phongthep_worawit · 1mo · 2 answers

$ETH stuck in a tight range around 1730 for a while now. Volume is lower than average. What indicators are people using to spot a potential breakout or breakdown direction?

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Top answers

  • u/chris_clark· 1 pts· 1mo

    I'm keeping a close eye on the VWAP and the 20-day EMA. The low volume suggests indecision, and a strong move above or below those levels would be my first signal.

  • u/putratanjung· 0 pts· 1mo

    Forget the indicators for a sec, what's happening with the broader market and BTC? ETH usually follows. If BTC breaks out, ETH likely will too, regardless of its own range.

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