Ethusdt 4hr time frame forming Bullish Cup and Handle pattern

29 Mei

almost eady for breakout.

If closes above 2730 in 4hr time frame, may activate the pattern.

2 invalidation areas, for conservative and for aggressive traders. 2600 and 2450.

Targets are 3400 and probably the previous ATH.

29 Mei

Nota

Possible bounce point, tp area of shorters.

2619 and 2570.

Or buy 0.5% risk at 2619 and another 0.5% risk at 2570.

Stop limit below 2450

30 Mei

Nota

Bounced,

30 Mei

Dagangan aktif

Trade active

2 Jun

Nota

Bounce on both tp 1 and tp 2

Trade still active but, lack of momentum and making
multiple touch in lower boundary. Seems weak to me.

6 Jun

Dagangan ditutup: hentian tercapai

Lack of momentum. Still in box, but in consolidation phase. Stop trading this coin until it broke out of the box.

6 Jun

Nota

I will wait to form a bullish pattern after it touches this 2 tp area the 2200 and 2050.

6 Jun

Nota

If it bounces above the 100 daily MA, it's still in a bullish phase, but if it breaks down below, it may change my perspective.