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Bullish ETH/USDT, cup & handle pattern confirmed, imminent break

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BINANCE:ETHUSD.P   ETH Perpetual Futures Contract
On the daily and 4H candle stick chart patterns has the breakout of the cup & handle been confirmed. Price is breaking up towards new levels on the upside. Next level of resistance is in the 3970 and 4030 range. Whereas, we break through this resistance a new ATH is realised. when the price break-out above the support level of the range mentioned above price targets would be 4585.

The VPVR shows little resistance at these levels, meaning support can be quickly gained when breaking out.

Feragatname

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