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AM.98
Aug 26, 2021 10:34 PM

ETH Nice R/R opportunity not for long here. 

Ether / United States DollarCoinbase

Description

Hello everyone, if you like the idea, you can support with a like and a follow.

We are on a Ascending Channel, on the bottom of it to be precise. So that is giving us two options:

First we can buy here and have as a long target the 0.618 fib with a stop loss slightly above the last low.

Second we can wait for a breakout of the channel and have a short target the 2780$ level (Target of the Pattern)

Indicators:
CIDI: HH
SRSI: Double Bottom

Don't forget to protect yourself with proper Risk Management.

Information provided is only educational and should not be used to take action in the market !

Feel free to ask anything in the comments or send me a message !

Thank you for reading my post, have a great day !

Trade closed: target reached

0.618 touched
Comments
Helical_Trades
Great analysis!
AM.98
@Helical_Trades, Thank you!
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