ETH/USDT : S/R zones are important!

ETHUSDT.P ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

$ETH has formed, Also it has broken above the resistance zone ($1680 - $1700) Which has become an S/R zone now.
The momentum is locally bullish, But $ETH has lost it'ss strength and besides that, $BTC's Dominance is increasing!
However, the Bullish flag is a bullish pattern as it's clear just like what it's called.
So, If we get the break above the flag, Then We might see another to the $1818's S/R line.
But, there can be also a bear trap below the flag to the lower S/R zone to gather more liquidity to hunt!

If $ETH loses the support at $1680, Then the deviation below $1640 is likely to happen and in any case of pullback, We'll take Long towards $1760 and $1818 again.

The deviation scenario will be valid till $ETH breaks below the lower S/R zone ($1555 - $1570), In that case; I'll start to trade in range bounds again.

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Attention: this isn't financial advice we are just trying to help people with their vision.

Have a good day!
@Helical_Trades