#ETH Cup and handle trying to breakout.

Cup and handle pattern trying to breakout here, the "handle" is a bull pennant.

Sitting on a rather significant previous resistance.

If this pattern plays out here it could be considered a bullish retest.

Commento:

Essential we hold support here or ETH could be in for quite a retracement.

Trade chiuso: stop raggiunto:

Failed to hold support on this one. But Eth is trying that same resistance again. See my wyckoff idea below.