I am seeing a bullish cup and handle pattern on the Ethereum (ETHUSD) BitMEX chart. If this pattern plays out to the bulls side, ETHUSD can produce massive gains.
A break below $126 (marked with a brown dashed line) would invalidate the above chart.
All the details on the chart.
Feel free to hit like and thanks for the support.
Have a great Sunday.
Namaste.
Note
Note: This is not a piece of trade advice, all of my trades are clearly marked contain buy-in, targets, stop-loss, profits potential and additional relevant information.
Trade active
Looks like the Cup & Handle is going into play.
Remember that a bullish breakout here can send ETHUSD really high, with Leverage on BitMEX the profits can be staggering.
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