Eth looks to have formed a cup and handle at $160. A break above could signal a move to 240. But after last weeks dump a move down is equally as likely. Currently i am long and watching price action around $150 hold my long or close and short. With the black line i have also outlined a bearish scenario which can take us back to $80 as double top has formed.
Note
Looking to buy more around 160 againNote
I settled for $200
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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.