🔸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.