Ethereum eyes $6.5K bullish target as ETH price chart paints 'Cup and Handle'
The success rate for cup and handle patterns in forex and stock markets, on daily timeframes, are 65% and 68%, respectively, per a Harvard study. 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....
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