ETH break above $160 can be completion of a cup&handle to $240.

Eth looks to have formed a cup and handle at $160. A break above could signal a move to 240. But after last weeks dump a move down is equally as likely. Currently i am long and watching price action around $150 hold my long or close and short. With the black line i have also outlined a bearish scenario which can take us back to $80 as double top has formed.

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Looking to buy more around 160 again

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I settled for $200