Ethereum Bullish Cup & Handle Pattern (Potential Breakout)

I am seeing a bullish cup and handle pattern on the Ethereum (ETHUSD) BitMEX chart. If this pattern plays out to the bulls side, ETHUSD can produce massive gains.

A break below $126 (marked with a brown dashed line) would invalidate the above chart.

All the details on the chart.

Feel free to hit like and thanks for the support.

Have a great Sunday.

Namaste.

Kommentera:

Note: This is not a piece of trade advice, all of my trades are clearly marked contain buy-in, targets, stop-loss, profits potential and additional relevant information.

Handel aktiv:

Looks like the Cup & Handle is going into play.

Remember that a bullish breakout here can send ETHUSD really high, with Leverage on BitMEX the profits can be staggering.