Hey crypto fam! I’m spotting a potential Cup and Handle pattern forming on the 30-minute $ETH /USD chart — a bullish setup that could signal the next leg up for $ETH . Here's a quick breakdown 👇
☕ The Setup
Cup: Rounded bottom indicates recovery after selling pressure.
Handle: A short downward consolidation – often a pause before the breakout.
Breakout: Watch for a move above the handle's resistance with strong volume — that's the potential launch point.
🎯 Target Levels
Target Price
TP1 ~$3,800
TP2 ~$3,920+
These are measured using the cup’s depth and possible Fibonacci extension.
💡 Trade Idea (For Learning Only)
Entry: After confirmed breakout above the handle.
Stop Loss: Below the handle’s low.
Take Profit: TP1 = conservative, TP2 = more aggressive.
Do you agree or disagree? Let's Discuss 👇
⚠️ Disclaimer
This is not financial advice. I'm sharing this for educational purposes only. Please do your own research and manage your risk carefully — crypto is volatile!
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