DannyC914

ETH V-shaped reversal, reverse the trend?

COINBASE:ETHUSD   Ethereum
After ETH fell below the reversal cup handle pattern, the price reached the support of 1080.00 again, which is also a target of the reversal cup handle pattern.
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ETH has tested the resistance price of 1220.00 many times in the previous consolidation range and has not broken through.
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Now it has come to this price again. If it breaks through and closes above 1220.00, you can pay attention to the resistance price of 1237.48
1258.51
1302.56
1356.30
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If ETH fails to challenge 1220.00, pay attention to the following support:
1169.40
1101.32
1080.00
previous low 1071.11
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