Reward to risk wise, this signal that just got triggered in $ETHUSD is a great opportunity. As for the $ETHBTC chart, the odds of $ETHBTC moving up substantially are still not that great. From what I see in the chart, there's a weekly signal and a failed monthly signal in $ETHBTC. Upside implied by it is around 0.027-0.03. Not that impressive vs the long term upside in $BTCUSD. Overall I think it's better to trade $ETHUSD on margin, if anything, to add some extra profits in case crypto markets keep rallying.
Cheers,
Ivan Labrie.
Cheers,
Ivan Labrie.
Kommentar:
Currently, the 2M signal is active, chart on the left, but I'm not too sure if it can pan out before we get another selloff like in Feb...I'm thinking we may trend up for a few more weeks, as per the currently active weekly signal, so holding long and buying dips, but, ready to flip short when needed.
Trade wurde manuell geschlossen:
I think absolutely all asset classes topped today.
Kommentar:
This one reset and triggered again, now valid, weekly trend is active since a few weeks now:
