Long ETH potential Double Bottom > BUY!

BITMEX:ETHUSD   ETHUSD Perpetual Futures Contract
Longing ETH/USD - Potential Double bottom marked with red double arrows at approx 236ish > entry buy short term accumulation 242-244 range

With the action on the last week, this is being run with a very tight stop below said double bottom . 1st Target 255 at which point trailing stop will be moved up to Break Even, and will consider adding to said position conditions merit the added risk. Possible Take profit near 290ish should the broader market recover, but will be moving my trail to lock in profit as opportunity arises.
Trade active:

Still Active, accumulation continues as long as price holds above area of interest.
Trade active:

Trades are often messy, selling on BTC and ETH seems to have lost velocity for the time being, which could mean selling exhaustion. Still maintaining trailing stops below the bulk of those wicks. Hopefully there is some short money now trapped down there. Next day or so will be crucial to see if the broader market can bounce from here.
Closed today at slight profit above 244 as I will not be able to monitor this one for the rest of the day. I will be looking forward to the next one.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out