TheChartGuys

ETH Potential Hourly Cup and Handle

COINBASE:ETHUSD   Ethereum
Bulls need a break of $310 for continuation as we head closer to Devcon3 Wednesday.
Psychology of the cup and handle pattern is there, inability to break resistance, leading to healthy consolidation.
The break of $310 will be confirmation of the breakout if this pattern is to follow through.
Watching close for ETH to get some extra attention leading up to the conference. "Buy the rumor"
Watching the 15 min higher low pattern as well, which if broken will mean we are going to enter more consolidation.

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