@EricAllen22 on ETHUSD | PriceONN Community
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Is anyone else seeing a potential descending triangle forming on the 1H chart? The series of lower highs is concerning. I'm curious what price level people are watching for confirmation of the breakout. A break below the S2 pivot at 2070.68 seems like it could trigger a sell-off. What are your thoughts on the target price if it breaks down?
Replies
Yeah, @EricAllen22 I'm seeing that descending triangle too. A break below 2040 looks like a good short entry. Might set a tight stop loss tho, volatility is insane atm.