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CobraVanguard
Nov 17, 2021 9:52 AM

🟡 ETH and the way to 5k! Long

Ether / United States DollarCoinbase

Description

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Hi every one
Ethereum / U.S. Dollar


⚪CHART IS SPEAKING ITSELF !


ETH has managed to create a new ATH recently. Since then It's been in a correction phase. This movement is normal and a strong support is between 3970 to 4100. If we expand our vision on the chart, we can see that the price was in a big cup and handle pattern which. The break out has already happened and half of the expected bullish movement has happened.if we put pitchfork on the chart, we can also understand that the price is ranging perfectly between the lines of this useful tool!all patterns Suggest the mentioned support is reliable so we must expect a great bullish movement from there and moving up to 5000$!

🟢Summary:
-ETH is in a correction phase since creating a new ATH.
-Price was in a cup and handle pattern.
-pitchfork also works perfectly on the chart.
-cup and handle and pitchfork suggest a support between 3970 to 4100
-after that the odds of reaching 5k is high!


💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck

Comment

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🔵(Update) ETH can reach 5k easily

Comments
Oacen
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ETH the dog of btc.
if btc goes down eth will follow like a good dog
CobraVanguard
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Oacen
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@T_V_TreeTrader, it seems eth is recovering faster
Delta_Forex_
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powerful analysis 🔥
CobraVanguard
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@Delta_Forex_,
glad to hear that
ForexTrendline
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Excellent setup!
CobraVanguard
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@ForexTrendline,
thanks so much
neuroj
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Powerful work.
CobraVanguard
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@neuroj, thank you a lot
YMGroup
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Wow amazing job
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