Ethereum
Long
Updated

Ethereum (ETH/USD) Bullish Cup and Handle Pattern – Target Zones

284
ETH/USD (Ethereum)

45-minute timeframe

Platform: TradingView (Binance exchange)



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📊 Pattern Identified:

🔵 Cup and Handle Pattern

A large rounded bottom (cup) is visible.

A small pullback (handle) follows.

This is a bullish continuation pattern.



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🧠 Strategy Used:

📌 Cup and Handle + Ichimoku Cloud

Cup and Handle shows a breakout setup.

Ichimoku Cloud shows bullish momentum when price breaks above the cloud.



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🎯 Target Price:

Breakout level: ~$3,640

Cup depth (approx.): $3,640 – $3,505 = $135

Target = $3,640 + $135 = $3,775

Your chart shows targets up to:

$3,821

$3,855




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✅ Summary:

Detail Value

📈 Pattern Cup and Handle
📉 Strategy Bullish Breakout with Ichimoku
🚀 Entry Point ~$3,640 (breakout)
🎯 Target 1 $3,775
🎯 Target 2 $3,821
🎯 Target 3 $3,855
🛡 Support Zone ~$3,580–$3,600 (handle base)
Trade active
snapshot
trade update
Trade closed: target reached
snapshot

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