$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:

• 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.