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JoE
Dec 25, 2017 4:24 AM

ETH is about to beat BTC hard Long

Ethereum / BitcoinBitfinex

Description

ETHBTC has likely formed a falling wedge pattern which is bullish. Entering a long position here is ideal considering the fact that ETH is easier to analyse on weekly chart. if we keep going up the MACD will certainly give us a golden cross which would accelerate the move to the upside.But, as I said in LTCBTC idea
, considering the current situation that BTC -3.28% is in, I will only risk 10% of my crypto portfolio on this trade.


TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.

Trade active

Trade active

So far so good.

Trade active

Amazing!

Trade closed manually

I am out for now because it looked overextended.
Comments
abail
Hi. What about ETHUSD? Do you see the same risk?
JoE
@abail, No, I don't. That's why I am more cautious than usual.
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