The trend after the failure of ETH 1D cup handle pattern
After the failure of the cup handle pattern formed from 2021/5/12 to 2021/10/20, the round top formed.
We let the 2651.0 be Fib retracement 1, 4867.81 be 0.
The support zone will be in 1.272~1.382(2048.03~1804.18).
Now the price of ETH is in the consolidation range.(black horizontal lines)
If the price breaks this consolidation range, the next support zone will be in 1.272~1.382(2048.03~1804.18).
What is your opinion?
Share with us in the comments!
We let the 2651.0 be Fib retracement 1, 4867.81 be 0.
The support zone will be in 1.272~1.382(2048.03~1804.18).
Now the price of ETH is in the consolidation range.(black horizontal lines)
If the price breaks this consolidation range, the next support zone will be in 1.272~1.382(2048.03~1804.18).
What is your opinion?
Share with us in the comments!
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