@EricA93 on ETHUSD | PriceONN Community
Okay, so I'm watching ETHUSD and I swear I'm seeing a really large ascending triangle forming on the 1hr chart right now. 📈 The price is getting squeezed between this flat resistance line and this upward-sloping support. Seems like it *has* to break out soon, right? Feels like a good time to get ready for a move.
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Wait, I just re-checked the longer timeframe charts, like the H4 and D1, and that ascending triangle pattern actually looks a lot more pronounced there too. It's like the smaller timeframe is just a zoomed-in version of the bigger picture. Some big money is clearly accumulating here before a major push. I'm thinking that news about Bitcoin potentially breaking $75k might be the catalyst that pushes ETHUSD through the roof. If this triangle breaks upwards, I'm anticipating a pretty significant move, easily past 2500. Gotta keep a close eye on volume here, that's the real confirmation. 👀