ETH is in a Inverse Cup and Handle Pattern. this is a Bearish Pattern of course But We also have another Bearish Pattern as well which is a Descending Triangle Pattern.Right now The Price is at a Pretty Neat support zone which is a Support zone ,Bottom of the Triangle & also the Break out Point of the Inverse Cup and Handle Pattern. but It is Expected For ETHEREUM to Enter a lower Zone Pretty Soon. The Price will Surely Reach 1250$ (at Least). we shall Expect The Bearish Movement Because The Break out Required For Doing this Movement Is gonna Happen Pretty Soon!
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.