🔸Hello traders, today let's review 8hour price chart for ETHUSD . strong gains recently off the range lows ,however currently price close to hitting solid overhead resistance so expecting pullback soon until we get a fresh pump.
🔸1980 usd and 1930 usd are key overhead resistances, while below we got solid supports / reload zones for bulls at 1820 usd and 1790 usd. currently trading mid range. strong base below indicates further upside potential.
🔸Recommended strategy bulls: expecting pullback/retest of key s/r zones below market price, therefore bulls should wait for a better price to reload. reload bulls near 1790 usd and 1820 usd, stop losses below those levels. TP bulls is 2040/2060 USD +15% gains.
🎁Please hit the like button and 🎁Leave a comment to support our team!
RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
I second that! It's a little early to make a prediction now, of course, but all the arguments are the same as the ones I highlighted for myself. So, my scenario is almost completely the same)
Gold-Tech
⋅
Quite instructive and useful publication. Thanks for the good work!