Looking out for a bullish pattern with the second cup and handle. Previous resistance and support indicated as roof with 17% possible upside.
Please let me know if any patterns - signal where missed.
From the analysis we see that ETH is close to break through the Ichimoku cloud and soon through the end of the triangle, allthough it depends on where BTC is strengthening itself overall. It will follow the channel up and meet resistance from the declining lines drawn.
For those with BTC bought at lower, this might be the channel you have hoped for! If it manages two pass the two historic resistance lines, we will see it continue up for some time. For those with BTC bought at lower, this might be the channel you have hoped for! If it manages two pass the two historic resistance lines, we will see it continue up for some time....
this is Scalpers and shorters playground, the BTC continues down to the next support lineas the ichimoku cloud is creatng to big resistance despite breaking out of the channel.
we have in short time only two support lines, at 13.2k and 12.8k that have been tested previously and would create good opportunity to buy.
either it will bounce back to the channel or...
