ETH LongEthereum (ETH) is currently forming a classic Cup and Handle pattern, a bullish continuation indicator. A potential breakout above the resistance at 3770 could signal a strong buying opportunity.
Trade Setup:
β’ Entry Point: Breakout confirmation above 3770.
β’ Stop Loss (SL): Set around 3680 to manage risk effectively.
Targets (TP)
1. TP1: 3860 β Risk-reward ratio of 1:1.
2. TP2: 3950 β Risk-reward ratio of 1:2.