Hello everyone, I mainly updated you on BTC lately.
So here is a quick update on ETH the prince.
With the merge coming eth has now painted a very well-known pattern. We can see we have now almost fully formed a Cup and Handle pattern. Although this pattern is more often than not a continuation pattern it can also be found at the tops and bottoms. We can see the volume has dried throughout the formation and we now have formed the handle. 52 ma is confirming the pattern sustaining this last push with price breaking above.
The target would be 4k+.
I will wait for the breakout before entering and will use strict stop losses rules.
We are close to a possible bottom for Crypto...get ready either way.
FOLLOW ME, SHARE. LIKE AND COMMENT.
So here is a quick update on ETH the prince.
With the merge coming eth has now painted a very well-known pattern. We can see we have now almost fully formed a Cup and Handle pattern. Although this pattern is more often than not a continuation pattern it can also be found at the tops and bottoms. We can see the volume has dried throughout the formation and we now have formed the handle. 52 ma is confirming the pattern sustaining this last push with price breaking above.
The target would be 4k+.
I will wait for the breakout before entering and will use strict stop losses rules.
We are close to a possible bottom for Crypto...get ready either way.
FOLLOW ME, SHARE. LIKE AND COMMENT.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。