The graph is making Cup and handle Pattern and by the book the depth it creates inthe curve the nearly same jump we can expect so in my opinion after the breakout Eth will gonna jump atleast 400$ for a short term period.
As in technical analysis Ethereum chart shows it may correct to $1700 or will make a low of $1679, or will consolidate to the present price range till it get strong for the next run, the short term target would be $1985 as $2000 will act as a strong resistance, it may touch the level or can reverse back so for a safe trade just wait for PRICE ACTION AND get ready...
As the Brearish market is fainted away now its time to ride the bull, the market is almost braked its strong resistance of 22300 as it's in a bull phase since 2 days so can make a doji or price action then the real Bull move will come, get ready for the Ride traders, mark target of 23300 for the short term.
Hello traders, before going into any trade just have a look on the chart there is a strong support @1.20996 and Strong resistance @ 1.2596 we can plan for a short term shorting opportunity @1.24757 and the target would be the local support @1.2328.
Cup and wedge pattern let this wedge to be broken target will be half of the height of the cup just wait and watch the Sl will be at the middle of the cup but that rarely gonna hit . wait for the price action after the wedge get broke
The Chart is making a Flag and wedge pattern in weekly time frame and if you see the chart of decreasing time frame you will find that it's a small time buy time where you can buy at 9190 keeping the sl @9183 and target will be the whole wedge @9400. let's see trader what will happen.
