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!
Telegram頻道:
t.me/noahchen_crypto
Telegram聊天群:
t.me/noahtradingroup
bybit sign up:
partner.bybit.com/b/56404
zoomex sign up:
partner.zoomex.com/aff/zx39840
t.me/noahchen_crypto
Telegram聊天群:
t.me/noahtradingroup
bybit sign up:
partner.bybit.com/b/56404
zoomex sign up:
partner.zoomex.com/aff/zx39840
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.