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ETH USDT: Buy Trade setup @ 3150
Ethereum / TetherUS
Long
ETH USDT: Buy Trade setup @ 3150
By Nihanth_Aglogains
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Updated
Aug 12, 2021
2
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Aug 12, 2021
Hello everyone, hope you are doing well.
Welcome to another trade setup as a part of "Aglogains - Daily Trade Series".
On the 1H timeframe we also see a three wick rejection, the price tried to break bellow 3090 3 times and failed to sustain the move.
My entry is on the 1H timeframe, after I observed a double bottom with a bullish confirmation.
Entry - 3150
Stop-loss - 3090 (60 points)
Take profit - 3230 (80 points)
1:1.33 RISK TO REWARD
Will keep you posted on the progress. Happy trading.
Aug 12, 2021
Trade closed: stop reached
Loss booked 60 points
aglogains
Bitcoin (Cryptocurrency)
buyingopportunity
dailyanalysis
daytradingsignal
Double Top or Bottom
Ethereum (Cryptocurrency)
longsetup
multipletimeframe
Supply and Demand
Support and Resistance
tradesetups
Nihanth_Aglogains
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