During last weeks, ETH could form a Cup and Handle Shape (ad illustrated on the chart). Due to Bitcoin correlation effect and the market-wide upside boom led by Bitcoin ~30% month-to-day price rally, we expect ETH has a smoothed upward rally during the upcoming days which may lead it a new ATH.
Accessible Targets are:
TP1: 4200
TP2: 4600
TP3: 5000
If we can hit TP3, then a new ATH on <$6500 can be expected.
Have a profitable trade ahead.
Accessible Targets are:
TP1: 4200
TP2: 4600
TP3: 5000
If we can hit TP3, then a new ATH on <$6500 can be expected.
Have a profitable trade ahead.
