EthereumLong
$ETHUSD Bullpost - Another indicator points to $6.05k
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.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.