Ethereum / Bitcoin
Long

$ETHBTC: Weekly trend turning bullish again...

123
Good afternoon lads,

Ethereum vs Bitcoin is now bullish in the short and mid term and can trigger a monthly timeframe trend soon if strength persists in the coming month.

Sentiment had reached the depths of hell by Friday Nov 21st, when I was at the Devconnect event, chatting with traders and people there I noticed that everyone was against my bullishness, and very keen on confronting or even ridiculing me for my views.

Since then, I started to DCA back into crypto positions after having reduced exposure massively when BTCUSD was at $115k and ETH circa $4k.

Let's see how things evolve, but know that reward to risk is skewed to the upside here.

Best of luck!
Cheers,

Ivan Labrie.

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