IvanLabrie

ETCETH: Interesting pattern here

Long
IvanLabrie Updated   
KRAKEN:ETCETH   Ethereum Classic / Ethereum
$ETCETH implies that $ETC will outperform $ETH to the tune of 200%, give or take. By this week's close, we will trigger a 14 week rally, the daily chart is already in a strong uptrend here, just taking off.
I added to my $ETC position, now holding a half position, and waiting to add some more on dips, after making some more progress. I think this is an interesting trade right now, with $ETCEUR's upside potential, and also as a hedge to our $ETH exposure.

Best of luck,

Ivan Labrie.
Comment:
Comment:
Strong move in $ETCETH
s3.amazonaws.com/tra...shots/t/TGkTBVUX.png
Nice 1 month high, nice vol action...
Comment:
Strong climb today, we hit our initial target in $ETCETH, after breaking the resistance up We aim for 0.19662699
Comment:

HODL!
Comment:

Continues to act quite strong.
Comment:
Wise to close half, or all of it here.
*I closed half.

Trade closed manually:
I'm out...to free up more margin.
Comment:
I also got a free ETH stake...
Trade active:
Good reentry zone, last: 0.081
Trade closed: stop reached:

I think having equal weight in $ETC and $ETH makes more sense now...the ratio failed to rally drastically here, but, I like the potential $ETC offers as a hedge for $ETH.

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