Technical analysis by locharado105 about Symbol ETH: Buy recommendation (11/28/2024)

We have a successful breakout of the cup and handle / inverse h&s - however you may see it. 5k is the target, the previous bull pennant and larger weekly TF cup and handle has had a breakout too; with higher 6-7k range targets for them as well.These line up with 1.5 fib extensions seeing 7.4k roughlyWith an entry of 3086, I am moving my SL a little shy of 3350, as the invalidation zone for this pattern sits between here and 3450.Best of luck to all!