Potential breakout on ETH.
Currently there is a cup and handle forming on the lower time frames. If it breaks out, it has a target around 139.
If backed by volume this could be our chance at breaking out from this bull flag from the 144 High.
Currently there is a cup and handle forming on the lower time frames. If it breaks out, it has a target around 139.
If backed by volume this could be our chance at breaking out from this bull flag from the 144 High.
註釋
If we can't break it on this next push up abandon ship since we are at the resistance so if we fail a break here, the ride down won't be pretty.註釋
We need 136.5 to hold here and we should see another push up this time potentially breaking 138. If we fail on this attempt I would exit out of this trade and wait for a better entry below.
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So far so good. That swing up landed exactly at 138.8
註釋
Having trouble here which is to be expected. However a break of 137 makes this push up to 140 and beyond less likely and puts ETH into a neutral territory.
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