Gshock989

Gshock989

Made some adjustments after recent price action to the previous analysis if ETHUSD cup and handle. We have recently seen a breakout above the handle and have yet to have a confirmation retrace, however Target is at 0.786 Fib ext.

Gshock989

Looks like this Cup and Handle may just play out. We have already back-tested resistance and found support, lines up with ABC. Looking forward to another mark-up faze.

Gshock989

nice bull flag coming out of this channel onward towards some resistance, hopefully it becomes support as we blow past it.

Gshock989

If we can get past this its straight up to to the notorious 8800 resistance line. Happy Trading!

Gshock989

If we can just get out of this rut and get some volume on the board we just might head in the right direction. Good Luck everyone, Happy Trading!