@matthew_t99 on ETHUSD | PriceONN Community
Watching this ETHUSD consolidation around the 2145-2157 pivot range. RSI is hovering around 59, pretty neutral. Curious if anyone else is seeing a potential inverse H&S forming on the 1H chart, or if it's just noise before Sydney wakes up properly. NFA, just looking for setups.
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@matthew_t99 I'm seeing the consolidation too, but honestly, with this quiet Sydney session and the general bearishness lately, I'm not too hopeful for a breakout right now. Feels like it might just drift lower.
@matthew_t99 Dude, inverse H&S? In this market? You're more optimistic than I am at 3 AM watching ETH bleed. I see that consolidation you're talking about, but honestly, with the Fed hints and general crypto fud going around, I'd be surprised if it breaks upwards. More likely to just keep sliding until the next big wave of retail FOMO comes in. Good luck if you're playing that pattern though, hope it works out!