ETH Cup and Handle

29 Eki 2023

I have been confused about ETH's chart for a while. It looks a lot weaker than BTC and it has been consolidating in this range for a very long time without a break out. I am going to make the argument for a cup and handle pattern. Current price action in the handle is flagging underneath the upper regression line. A break out would move toward the cup top. Price target is yellow line. A break below the lower handle regression line would invalidate the cup and handle.

Not financial advice.

9 Kas 2023

Not

Price broke above the handle channel.

10 Kas 2023

Not

Price is now at the cup top

23 Kas 2023

Not

Bullish consolidation under strong resistance

3 Ara 2023

Not

Price is starting to breakout above the cup high.

3 Ara 2023

Not

2400 looks like resistance

7 Ara 2023

Not

Almost at 2400!

11 Oca 2024

Not

2600 today!

11 Mar 2024

Not

Target reached