Cryptocurrency, which is a container for many cryptocurrencies, is obvious to all of us today. With big projects, big updates and mergers, Ethereum $ETH became one of today's winners. But it looks like a big formation is forming. Those who open shorts may be crushed greatly by this. 4-hour Ethereum chart on the screen.
As I said my friends, quite a few altcoins are in the #Ethereum network. That's why Eth is so important for the market. It looks like a cup handle formation is forming. And in a very clean way. So what is a cup handle?
When the formation is completed, it usually begins to rise while prices are in a downward trend. Traders can consider the completion of the pattern as a buy signal and wait for a potential price increase. However, it should be emphasized that formation is not always guaranteed.
Therefore, there will be important developments in the cryptocurrency market. The rise seems to be near for many cryptocurrencies such as#bitcion$BTC , $BNB .
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I will inform you again with urgent updates, but I kindly ask you not to engage in risky transactions. Do not open a transaction with all your money.