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by u/phongthep_worawit·1dDiscussion

Range-bound $ETH?

$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?

2 comments · 10 points

2 Comments

u/putratanjung·7h

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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u/chris_clark·11h

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.

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