@imran9130 on ETHUSD | PriceONN Community
I
Nasiru, I saw your comment about the narrowing Bollinger Bands on the hourly chart. I'm observing a similar setup but on the H4 timeframe. We're seeing a consolidation pattern forming just below the R1 pivot point around 2332.81. The RSI is hovering around 55, which is neutral territory, but I'm looking for a potential bullish crossover on the MACD if we can sustain this upward pressure. Has anyone else here noticed this potential ascending triangle formation developing? It feels like we're coiling for a move, and I'm keen to see if the price can decisively break through 2340, which would align with R2 on the daily pivots. A sustained hold above that level could signal a stronger continuation towards the next major resistance.