@ojones619 on ETHUSD | PriceONN Community
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Watching ETHUSD, kinda looks like a descending triangle forming on the 15m chart. If it breaks below that support line, could be a quick drop. Gotta keep an eye on volume for confirmation though.
Replies
Hey @ojones619, I see what you mean about the descending triangle on the 15m. It does look a bit iffy. But on the 1hr chart, the price action seems to be holding that pivot point around 2132. I'm not sure if it's a real triangle or just some noise before a bigger move. What volume are you looking for to confirm a breakdown? NFA, just curious about your read.