Ethereum
Updated

Ethusd breaking above invh&s

180
Ethusd chart has a similar set upas the total2 chart, a cup and handle that is breaking up from a smaller inverse head and shoulders that will complete the handle to the cup. Ethereum actually has two potential to trendlines for its cup and handle and I wouldn’t be surprised if both are valid. The breakout target for the inverse head and shoulder pattern will take price action above both of them. Once we solidify the top trendline for the cup and handle patterns as support the breakout target for it is $7161. Ethereum just recently had a golden cross on the daily which adds to the probability the inverse head and shoulder pattern breakout will be validated. *not financial advice*
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Eth appears to have broken up from the light blue inverse head and shoulders pattern and price action is currently climbing up th dotted light blue measured move line. The target for that pattern is around 4200
Note
Over halfway to the first target.

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