ETHUSD In Weekly Chart Look like and cup and handle pattern
In the domain of technical analysis of market prices, a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed a smaller drop and a rise past the previous peak.
If you are looking for trade oppurtunity then wait for neckline Breakout with bullish Volume
If you are Risk Taker you can Buy Now with 23% Stop loss, First target at $311 and Seconde $554, or you dont want to take risk then Buy after Neckline brekout.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
In the domain of technical analysis of market prices, a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed a smaller drop and a rise past the previous peak.
If you are looking for trade oppurtunity then wait for neckline Breakout with bullish Volume
If you are Risk Taker you can Buy Now with 23% Stop loss, First target at $311 and Seconde $554, or you dont want to take risk then Buy after Neckline brekout.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
