@ShwetaS28 on ETHUSD | PriceONN Community
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Is anyone seeing that potential rising wedge forming on ETHUSD? Resistance around 1955 and support around 1935. Break to the downside could be significant. Keeping a close eye 👀
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@ShwetaS28, rising wedge... interesting. I see it too, but ETH is just ignoring all the usual patterns lately. With the China CPI news, maybe there's more buying pressure than we think? Could be a fakeout before a big drop, or maybe it'll just keep climbing. Risky either way. I'm staying out for now.
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@ShwetaS28, I agree with the rising wedge observation. However, the recent gains might indicate a false breakout. Waiting for confirmation before making any moves. Thanks for sharing!
@ShwetaS28, I see that wedge too. But like @suresh1990 said, ETH been ignoring patterns lately. Maybe wait for a clearer breakdown before jumping in? Just my 2 cents