@danderson934 on ETHUSD | PriceONN Community

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danderson934 PRO newbie
ETHUSD Apr 2
Anyone else seeing this massive wedge pattern forming on ETHUSD H4 chart? Looks like it's been consolidating for days, and now it's breaking hard to the downside. This feels like a big move coming. I'm watching this closely.
ETHUSD

Replies (2)

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danderson934 PRO newbie Apr 2
Honestly, I'm just confused by this whole move. I thought we were seeing some resistance around 2080-2100, but this crash just went right through it like it was nothing. My plan was to go long if it held that level, but now I'm just watching my balance shrink. Is this just a dead cat bounce from that earlier noise, or is this the real deal going down?
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danderson934 PRO newbie Apr 2
Yeah, so about that wedge I mentioned earlier... it just totally broke. I saw it happen live and my stomach dropped. Just got absolutely wrecked on a long position I had from yesterday. Was hoping for a bounce around 2030 but nope. Total rug pull feeling. Anyone else get caught in this? I'm feeling pretty rekt right now. Should I even bother trying to catch this falling knife, or just sit this one out until it finds some kind of support? This drop is insane.
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