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ETHUSDT H8: 40% GAINS BEST LEVEL TO BUY/HOLD BULLS (NEW)

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
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ETHUSDT H8: 40% GAINS BEST LEVEL TO BUY/HOLD BULLS (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. use FIXED SL.


🔸 Summary and potential trade setup
::: ETHUSD 8hour/candle chart review/outlook
::: BULLS still maintain control
::: sequence of HIGHER LOWS: Bullish
::: HOWEVER short-term pullback possible/likely
::: Heavy resistance near 3550 / rejected from above
::: Strong supports below: 2350/2450/2550USD
::: BULLS should wait to buy low from S/R levels
::: BUY DIPS / PULLBACK near 2450 USD
::: final TP is 3750 USD +40% gains BUY/HOLD
::: BULLS get ready to BUY LOW after pullback
::: expecting 1-2 weeks of weakness to bottom out
::: overall chart looks strong though / expect gains
::: short-term pullback / similar structure to BTCUSD
::: based on the above
::: recommended strategy: BUY after PULLBACK
::: best reload BULLS: 2450 USD TP 3750 USD
::: SWING trade setup / no fast gains here
::: BUY/HOLD / do not expect miracle gains
::: SL below key s/r level
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/3750 USD
::: Sentiment outlook short-term: BEARS/PULLBACK/2550 USD

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