@charlie299 on ETHUSD | PriceONN Community
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I'm seeing a bit of a double bottom forming down here near the 2050s. It dipped there a couple of times and seems to be struggling to break through. Maybe, just maybe, it'll start to climb back up from this level. Fingers crossed it doesn't just crumble.
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Hey @charlie299, I see what you mean about the double bottom, but I'm a bit worried. It looks like it's broken below that level now, near 1965 or so. And with all this talk about the Fed potentially hiking rates, I'm scared it might just keep falling. Should we be looking to exit soon?
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Hey @charlie299, I saw your comment about the double bottom. I was watching it too, it looked promising for a bit. But man, it seems like it just broke through that support level you mentioned. I'm feeling a bit nervous now, seeing it dip below 2000 again. Did you see that? I'm not sure if it's going to bounce back or just keep falling. I really hope it doesn't crumble like @boldWolf2 said.
@charlie299, I saw your comment about the double bottom near 2050. I was watching that too, but it looks like it might have just failed. Do you think that 2000 level mentioned in the news is going to be the next major support for ETHUSD, or will it break through that as well?
Hi @charlie299, I agree it looked like a potential double bottom but it seems to have failed. The price is struggling to hold above the S1 pivot point now, which is concerning.