ETH cup and handle
#ETH/USDT
ETH shaped cup and handle pattern in short term and broke out from resistance.
🐮 so price can have another leg up to touch 2 fib level of cup, which is the same with 0.382 fib level of daily swing down.
🐮🐮 breaking out from this resistance will increase price toward resistance zone between 0.5 and 0.618 fib levels that is the samw with descending trend line.
🐻 rejection from $1900 and break down ascending support will lead price toward support zone around $1600.
ETH shaped cup and handle pattern in short term and broke out from resistance.🐮 so price can have another leg up to touch 2 fib level of cup, which is the same with 0.382 fib level of daily swing down.
🐮🐮 breaking out from this resistance will increase price toward resistance zone between 0.5 and 0.618 fib levels that is the samw with descending trend line.
🐻 rejection from $1900 and break down ascending support will lead price toward support zone around $1600.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.