Ethereum blockchain’s native asset Ether (ETH) faces the prospect of exploding towards $6,500 in the coming sessions.
ETH looks like a cup and handle too. Thoughts?
— Raoul Pal (@RaoulGMI) September 15, 2021
The bullish analogy takes cues from a textbook technical pattern dubbed “Cup and Handle.” In detail, a Cup and Handle structure develops after the price first rallies significantly to the upside and then corrects to carve out a rounding bottom, called the “cup.”
The move follows a…
Source link
