@BWhite57 - ETHUSD | PriceONN Topluluk
I'm seeing a potential head and shoulders forming on the H4 chart for ETHUSD. Anyone else notice this? If the neckline breaks around 1900, we could see a significant drop. I'm hesitant to short just yet, given the overall market uncertainty. What are your thoughts on the validity of this pattern, and what indicators are you using to confirm your bias? I'm also looking at the 200 SMA, currently at 1949. Price action below this line reinforces the bearish sentiment. Any opinions welcome.