The ETH/USDT pair seems to be forming a classic cup and handle pattern on the 1-hour time frame, signaling a potential bullish trend! ๐ The RSI is heading upwards, indicating growing buying momentum, while the Stochastic RSI also aligns with this upward move, further strengthening the bullish outlook. ๐ If ETH successfully breaks through the $3538.66 resistance zone, we could see a significant pump in its price! ๐ The next key target to watch for is $3900.30. ๐ฐ
If you're already holding ETH, this could be a great time to stay patient and monitor the breakout. ๐ฅ Keep an eye on volume and confirmations before entering new positions. ETH is showing promising signs of strength, so letโs see how it plays out! ๐
I can see that ETH can go little bit Down side Because there is huge long liquidation , After that it will go up side for short liquidation. I'm bearsh for shorter time Frame and Bullish For Longer time Frame. So that ETH will go again 3800$ easily.
Entry: 3500$ or Market Price
1st Tp: 3600.00
2nd Tp: 3700.00
3rd Tp : 3800.00
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$ETH
