Previously Ethereum was in cup and handle pattern and perfectly broke out the resistance with good volume for hitting cup and handle's potential. Now after #bitcoin crash ethereum is holding cup and handle support between 3800 to 4000$ very well. Currently running in rising wedge. Both scenarios are explained in chart.
Bullish scenaro:
If Ethereum holds cup and handle support then we can see upward trend till 5k$+ in mi-term.
Bearish scenario:
If cup and handle support will broke then we can downtrend till 3k$.
Main supports: 3.8k$ , 3k$, 2.5$.
Main resistance: 4.8$.
Do your own research before any kind of investment. This is not Financial advice. If you like my work kindly do like and follow.
Bullish scenaro:
If Ethereum holds cup and handle support then we can see upward trend till 5k$+ in mi-term.
Bearish scenario:
If cup and handle support will broke then we can downtrend till 3k$.
Main supports: 3.8k$ , 3k$, 2.5$.
Main resistance: 4.8$.
Do your own research before any kind of investment. This is not Financial advice. If you like my work kindly do like and follow.
交易结束：到达止损
Break of structure
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。