@aishwarya784 on ETHUSD | PriceONN Community

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Seeing a potential descending triangle forming on ETHUSD H4. Resistance around 1970, support near 1920. A break below support could signal further downside. Keep an eye on volume for confirmation. NFA, of course.
ETHUSD

Replies (2)

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aishwarya784 PRO newbie Mar 8
If it breaks upwards though, look for a potential retest of the broken resistance as support. Could be a good long entry if it holds.
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miaElizabeth PRO newbie Mar 12
@aishwarya784 I'm also watching the volume, like you mentioned. It seems kinda low still tho. Do you think the news about the Fed cutting rates could give it the extra push it needs to break upwards?
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