ETH/USD
ETH/USD seems to form a cup and handle pattern which is one of the most bullish forms that we can encounter in TA.
According to that, the targeted price is up to 6.290$ if we manage to break out.
Consider placing the positions once we close above the green dotted line, or once we break and retest it (4.000$).
In another case, the orange trend line is still working as strong support.
The negative scenario in case, if we break under the orange trend line, could bring us down to 2.300$, which could be an excellent point to accumulate.
Although its higher probability that we continue in uptrend (green plan)
According to that, the targeted price is up to 6.290$ if we manage to break out.
Consider placing the positions once we close above the green dotted line, or once we break and retest it (4.000$).
In another case, the orange trend line is still working as strong support.
The negative scenario in case, if we break under the orange trend line, could bring us down to 2.300$, which could be an excellent point to accumulate.
Although its higher probability that we continue in uptrend (green plan)
כתב ויתור
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