Hey folks!
Adding to the bullish case for ETHUSD, we have spotted a clear Inverse Head and Shoulders (IHS) pattern on the weekly timeframe—a classic reversal signal with strong upside potential.
1MO Macro TA:
Key Levels to Watch:
2WK ETHBTC:
Stay sharp, watch volume, and manage risk. NFA DYOR.
VAMOS
Credit to sumairk for initially bringing this to my attention.
Adding to the bullish case for ETHUSD, we have spotted a clear Inverse Head and Shoulders (IHS) pattern on the weekly timeframe—a classic reversal signal with strong upside potential.
1MO Macro TA:
Key Levels to Watch:
- Neckline Break: Price has already tested and is flirting with breakout confirmation.
- Targets: If this plays out, the measured move aligns with the 6.4k–8k target zone highlighted previously.
- Momentum is building across multiple timeframes. The long-term bullish structures (Cup & Handle, Bull Pennant) remain intact, and this new IHS setup strengthens the conviction for a breakout into price discovery.
2WK ETHBTC:
Stay sharp, watch volume, and manage risk. NFA DYOR.
VAMOS
Credit to sumairk for initially bringing this to my attention.
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