Cryptocurrency is on the verge of MASS global adoption with large amounts of money pouring into the ecosystem as a whole. The Ethereum 3D chart is a technical masterpiece with a clear cup and handle printing.
Below average volume at the base of the cup (circled in orange) with declining volume on the downward consolidation at the formation of the handle checks all the boxes needed for me to be bullish here. Measuring out the depth of the cup, we should expect close to +138% upside from current price.
For an additional twist to this chart I overlaid a fractal that I have been tracking that plays perfectly to the measurement of this C&H.
My price target is $9500
-PennyBags
Below average volume at the base of the cup (circled in orange) with declining volume on the downward consolidation at the formation of the handle checks all the boxes needed for me to be bullish here. Measuring out the depth of the cup, we should expect close to +138% upside from current price.
For an additional twist to this chart I overlaid a fractal that I have been tracking that plays perfectly to the measurement of this C&H.
My price target is $9500
-PennyBags
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.