@rnair171 on ETHUSD | PriceONN Community

Examining ETHUSD on the H4 timeframe reveals a potential descending triangle pattern forming, with support around the 1920 level. A confirmed breakdown below this level could trigger a further decline towards the S2 pivot at 1922.63. Conversely, failure to break down and a subsequent push above the 1950 area could invalidate the bearish setup and lead to a retest of the 20-day SMA. Monitor volume closely for confirmation of either scenario. Risk management is paramount; consider position sizing to mitigate potential losses. Always factor in personal risk tolerance before initiating any trades.