jpbrown1023

ETH - Ethereum, would you like some tea with your CUP & HANDLE?

BITFINEX:ETHBTC   Ethereum / Bitcoin
Looking at the daily chart for Ethereum , we can see a massive cup and handle pattern. The handle itself has formed a narrow falling wedge which has taken ETH beyond the 61.8% fib retracement from its high at the beginning of February. The last time it was this oversold in December, ETH went from .024 to .123 in 2 months! I will be looking for a break out of this wedge to the upside here soon. I'll be getting my Ethereum while it's cheap. Lambos require a lot of gas ;)
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