ETHUSD - Possible Cup and Handle Breakout

3 בפבר׳ 2020Aside from the visible possibility of a cup and handle pattern, upon tracing it out, the idea is supported by a volume decrease at the base of the "cup" and a volume increase towards the "handle". This bullish continuation pattern is further implied by fib support lines. Historical support/resistance lines indicate resistance to this breakout at approximately $300. Should $300 be surpassed, we may be able to expect a continued bullish pattern; otherwise, consider selling before the dip.