gciriaco

ETHEREUM Cup and Handle?

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BITFINEX:ETHUSD   Эфириум
ETHUSD

It looks like ETH want to have a cup of tea before the fall... I believe we are seeing the formation of wave 3 on a weekly chart.

Very bullish structure. I would wait for the formation of the handle (hoping I am right).

A- Buying in from 310 to 316 low to mid strength support (not my favorite entry).
B- Buying in from 250 to 280 high to very high strength support (The heavenly entry!!!! (if happens)).
C- Wait for the massive pull back and buy after the break out the 400 mark (pussy entry(but low risk)).

If the Cup and Handle is formed eth is going to the moon.
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