@alewis375 on ETHUSD | PriceONN Community
A
Watching ETHUSD on the H4 chart, I'm observing what appears to be a developing ascending triangle pattern. The price action has been consistently making higher lows, while resistance is forming around the 2335-2340 pivot area. Volume has been picking up steadily throughout the New York session, which is a positive sign for a potential breakout. If we see a decisive close above R1 (2324.88) and especially above the triangle resistance, that could signal a strong upward move targeting higher Fibonacci extensions.