📊#ETH Bullish Cup and Handle Structure📈
🧠We placed some long orders after breaking the key watershed downtrend line and saw a nice move up. From a structural perspective, a bullish cup-and-handle structure has been established, and there is still room for continued gains in the future.
➡️However, after we broke through the previous high, we encountered the resistance of two necklines (2805-2813), so we need to be wary of the risk of a correction. Even if we want to participate in new long transactions, we should wait patiently for a period of correction before considering it.
➡️Unfortunately, there was only a US$1 difference from our TP2 and the automatic reduction was not triggered, so we manually reduced our position by 30% and only retained 20% of our position. We are patiently looking forward to more.
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ETHUSDT.P
🧠We placed some long orders after breaking the key watershed downtrend line and saw a nice move up. From a structural perspective, a bullish cup-and-handle structure has been established, and there is still room for continued gains in the future.
➡️However, after we broke through the previous high, we encountered the resistance of two necklines (2805-2813), so we need to be wary of the risk of a correction. Even if we want to participate in new long transactions, we should wait patiently for a period of correction before considering it.
➡️Unfortunately, there was only a US$1 difference from our TP2 and the automatic reduction was not triggered, so we manually reduced our position by 30% and only retained 20% of our position. We are patiently looking forward to more.
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
ETHUSDT.P 
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🔗 BITGET 👉wolf20👇
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🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.