@hRogers81 on ETHUSD | PriceONN Community
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I've been looking at the ETHUSD chart and it appears to be forming what looks like a descending wedge pattern on the H4 timeframe. This pattern often suggests a potential bullish reversal, especially if we see a breakout above the upper trendline. However, given the current bearish momentum and the RSI being so oversold, I'm hesitant to jump in without more confirmation. We need to see a clear break and hold above resistance levels.