@peakview489 on ETHUSD | PriceONN Community
Is anyone else noticing a potential ascending triangle forming on the ETHUSD chart on the hourly timeframe? The resistance seems to be around 2050, and we're seeing higher lows. Could this signal a breakout soon? I'm still learning to identify these patterns accurately, so any insights would be appreciated!
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Update: RSI is showing a slight divergence as well, which might further confirm the potential breakout. I'm thinking of setting a buy stop order just above the resistance level at 2055 with a tight stop loss. What do you all thnk?