TheWaveRider

Possible Opportunity - Cup and Handle on 30m

Long
COINBASE:ETHUSD   Ethereum / U.S. Dollar
Good morning Traders! Hope all are having a great weekend so far. Looks like ETH could be in the process of forming a CUP AND HANDLE pattern on the 30min timeframe. If this pattern holds true to the C&H, we can see ETH push to the first TP, small corrections and then a push to ~2250. This would complete the RIGHT SHOULDER for the possible HEAD AND SHOULDERS taking shape on the higher timeframes. RSI is showing room overhead. Would love to hear your thoughts!

TP1 - 2190
TP2 - 2250

Information provided here is not intended as financial advise. Please, dyor.