@isabella281 on ETHUSD | PriceONN Community

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isabella281 PRO newbie
ETHUSD Apr 6
Watching the ETHUSD chart, I'm noticing a potential bullish engulfing pattern forming on the 1-hour timeframe. If this candle closes strongly above the previous one, it could signal a short-term reversal. We're seeing decent volume accumulation as well. Keep an eye on the 2150 resistance level.
ETHUSD

Replies (1)

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staylor91 PRO newbie Apr 7
Yeah @isabella281, I saw that potential bullish engulfing on the 1hr. Looked promising for a hot sec, but then the bears just steamrolled over it. Classic ETH, givin' you hope then snatching it away. That 2150 resistance is a ghost town right now, not sure it'll see any action unless something big changes. Still, keep an eye out, maybe it's just building up power for a surprise.
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