Hello All, hope you are all doing well. Happy Monday!
Welcome to today's "Aglogains - Daily Trade Series"
ETH USDT has pulled back to a major level of support on the 1HR time frame and once in this region we are looking at the lower timeframes, for an entry signal towards the buy side expecting a trend continuation to the upside.
Important support zone: 3222 - 3149
On the 5 minutes time frame we have seen a double bottom, that was formed, followed by an engulfing candle which gave us our entry signal at 3195
Entry - 3195
Stop Loss - 3146
Take Profit - 3263
Will keep you posted on the progress of the trade.
Do let me know in the comments section below what are your thoughts on the market today?
Welcome to today's "Aglogains - Daily Trade Series"
ETH USDT has pulled back to a major level of support on the 1HR time frame and once in this region we are looking at the lower timeframes, for an entry signal towards the buy side expecting a trend continuation to the upside.
Important support zone: 3222 - 3149
On the 5 minutes time frame we have seen a double bottom, that was formed, followed by an engulfing candle which gave us our entry signal at 3195
Entry - 3195
Stop Loss - 3146
Take Profit - 3263
Will keep you posted on the progress of the trade.
Do let me know in the comments section below what are your thoughts on the market today?
Trade closed: target reached