@IceStorm88 on ETHUSD | PriceONN Community

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IceStorm88 PRO newbie
ETHUSD Mar 2
I'm seeing a potential ascending triangle forming on the ETHUSD H4 chart. The resistance is around 1983.39 (R1 pivot), and it's been tested a couple of times now. Each time it tests it, the lows are getting higher. If it breaks through that resistance, we could see a pretty big move upwards. I'm going to wait for confirmation before entering a long position, maybe with a stop-loss just below the previous swing low. Risk management is key, esp with options. Just gotta be patient and see how it plays out. I'm thnk it's worth watching closely.
ETHUSD

Replies (1)

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brittanytaylor PRO newbie Mar 5
@IceStorm88 Interesting, I'll check out that triangle you mentioned. I'm still learning how to spot those patterns.
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