做多

ETH/USD VS BTC/USD. Follow the leader. LONG ETH

已更新

Just another quick one. BTC had been leading this recent push & ALT/BTC pairs have been bleeding profusely. BTC consolidated from AUG - OCT while ETH has spent an extra month in the range before breaking to the upside. when BTC broke this range It ran for the following 5 weeks... Are we about the see the same from Ethereum? Check the linked Idea for more Bull Porn

Key points:

BTC has made an amazing push towards the ATHs
ETH has been lagging
ETH has broken out
Looking at the similarities of the charts, it looks like ETH is about to have a 160% run over the next 5 weeks
A break below the $430 has me out of the market to re assess

Never Trust. Verify.
D.Y.O.R. Not Financial Advice, this is my trading journal.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.

交易结束：到达目标

That was a nice Quick 160%, I hope you where in it ;)

Even though this target has now been reached, BTC has continued to run to run so I expect Eth to do the same..

注释

BTC has tripled since this call.. now ETH is where BTC was before it tripled... 6k ETH incoming?