#ETH Cup and handle trying to breakout.
Cup and handle pattern trying to breakout here, the "handle" is a bull pennant.
Sitting on a rather significant previous resistance.
If this pattern plays out here it could be considered a bullish retest.
Sitting on a rather significant previous resistance.
If this pattern plays out here it could be considered a bullish retest.
Comment:
Essential we hold support here or ETH could be in for quite a retracement.
Trade closed: stop reached:
Failed to hold support on this one. But Eth is trying that same resistance again. See my wyckoff idea below.
