wolf_king888

๐Ÿ“Š#ETH โ€™s potential cup-and-handle structure deserves attentionโœ”

๋กฑ
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
๐Ÿง Continuing the complete ideas I compiled yesterday, we have continued the bullish power, which is very reasonable. At present, we have broken through the short defensive point, which means that the short structure has been destroyed, and there is no obstacle to continuing to break through the previous high.๐Ÿ™

โžก๏ธIn addition, we can easily find from the chart that if we successfully break through the previous high, then we will form a large cup-and-handle bullish structure, and it is very standard. Often good-looking and standard chart models will follow its operating rules. This is also completely consistent with human nature. So I wouldn't be surprised if we rise above 2300 as that would be completely consistent with my bullish logic and expectations. ๐Ÿง ๐Ÿ’ฏโœ”๏ธ

โžก๏ธIf you often follow my posts, then you should be able to predict that ETH will likely be stronger than BTC, which I mentioned in my previous post on the ETH/BTC exchange rate. If you are interested, you can check it out. ๐Ÿ‘€

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