Description
⋅ As we have been following the ETH USDT chart from the morning. We have got an excellent BUY side entry @ 2355
The related Idea is linked below.
My trade setup takes advantage of this key resistance turned support level to look for trading opportunities.
On the 1Hr chart, we see a double bottom forming followed by a bullish candle confirming our entry condition.
Entry - 2355
SL - 2286 (69 points)
TP - 2451 (97 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.