@nightowl789 on ETHUSD | PriceONN Community

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Is anyone else seeing a potential inverse head and shoulders forming on the H4 chart for ETHUSD? Looks like the neckline is around 2120. If it breaks, we could see a nice run-up. I'm waiting for confirmation before entering long, but it's defintely something to keep an eye on. What do you guys think?
ETHUSD

Replies (1)

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IceStorm69 PRO newbie Mar 13
Hey @nightowl789, I'm seeing that inverse H&S too. I'd be cautious though, ETHUSD swept the lows earlier today, liquidity grab maybe? Plus, RSI is still kinda neutral. I'd want to see a clear break and retest of that 2120 neckline before going all in. Just my 2 cents, NFA of course.
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