IvanLabrie

ETH/BTS: Long ETH with BTS

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IvanLabrie 已更新   
We have a nice setup here, the idea is to short or sell BTS, to buy ETH here, risking a 31% drop, to potentially achieve 121%+ returns in a short time. There is a very clear uptrend here, supported by fundamentals, considering how ETH resulted in a larger success, offering a similar thing to BTS, making it a good candidate for a pair trade.
To take this trade, you'd long ETHBTC with enough size to risk 1% if price moves against you by 33.5% in ETHBTC and 29.79% in BTSBTC respectively.

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Ivan Labrie

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Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
评论:
2 smaller range days in a row, good.
We should see upside very soon.
交易手动结束:
I don't like how far it sold off today. I'd rather exit this position here.
评论:
Turning around, now might be the time to enter.
评论:
Blamm, take that BTS.

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