I0NMAN

ETH retrace before going up?

Long
BINANCEUS:ETHUSDT   Ethereum / TetherUS
Looks like ETH has completed the cup pattern and currently forming the handle before breaking up at the neckline around $3980. But in the meantime, looks like it will be retesting the support at $2950 before breaking up. There is also likelihood for ETH to retest $2500 before heading up to break the resistance of $3980 and then to record a new ATH.

Disclaimer:
This is by no means a recommendation to buy. The ideas shared here are mainly for educational purpose only. Please consult your financial advisor prior to any investment decision.
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