ETH 1hr C&H for COINBASE:ETHUSD by jibk — TradingView

Chart Patterns Trend Analysis

chartpattern trendanalysis

Cup and Handle on hourly if its valid.
Big sell volume was absorbed so close above 215 will be very positive. Looking good!

Comment:

snapshot

Well that was quick. Hourly has closed above resistance.

BUT:
1. Very low volume.
2. Bearish divergence on RSI.

Comment:

4hr:

snapshot

1hr:

snapshot

Clean breakout and lots of room to go on the daily.

Enjoy!

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