...because I say so. Trust the circle. (Cup and handle formation)
You can see the cup in where I start the fib extension. You can see the handle.. And I have used the fib extension to show the exit points.
Cup formation on Ethereum (ETH) / Bitcoin (BTC) How to trade the cup: The height from the cup entry point to the bottom is the increase we will see from the cup entry to the exit. To make it easier to plot, I have used the eclipse tool as you can easily mirror the dip to predict the peak. From when I first drew this it has grown 21% and I expect a further 57%...
The lower black support line is keeping ETH at bay. I expect a bounce up to the fib before a sharp return down and breach.