ElMomento

TRXBTC Long / Adam & Eve Double Bottom

Long
ElMomento Updated   
BITMEX:TRXU18   None
We have a clear Adam and Eve on TRXBTC. I'll be longing on Bitmex using TRXU18. We hit the top of the ichimoku cloud and it was acting as resistance, now we bounced of the horizontal resistance at 0.00000320 which became support. Adam and Eve double bottom of the books.

Entry point 0.00000320-0.00000324
Stop-loss below the support at 0.00000310

Target 1: 0.00000338
Target 2: 0.00000350
Target 3: 0.00001000

Obviously you should choose your own targets, I usually move my stops to broke resistances that act as support and let my positions ride.

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Trade active:
I can't post fast enough. We reached our first target I was finishing my idea. Most of BITMEX derivative assets are forming Adam and Eve double bottoms.
Trade closed: target reached

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