ergal91

Ethereum cup and handle pattern with 3,800USDT target. $ETH

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
I'm watching this 4h cap and handle pattern to break out on ether chart.
Target for this pattern is 3800-3900USDT.
Supertrend has flashed buy signal but for break out we need the neckline to be broken/ 3420USDT/.
Favorable preconditions can be MACD bullish cross, ​Ichimoku and Bollinger upper band to be broken at 4h timeframe.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.