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Dale_G
Mar 20, 2022 11:56 AM

ETHBTC, which is the better hold? Long

Ethereum / BitcoinBinance

Description

Technical analysis through my eyes using market psychology.

Refer to the BTC weekly chart for market cycle psychology reference, bitcoin bear market cycle we just experienced looks almost identical structurally.

TA shows ethereum is a better long term hold than bitcoin.

Drew from my touch screen toaster.



What I wish someone told me when I started investing in my lifetime investing learning experience-


Research market cycles and market psychology.

Use logarithmic charts

Chart daily, weekly, monthly and higher

Don’t become emotionally invested

Manage Risk

Make your own decisions when it comes to your money

Do your own research and find a strategy that works for you



Decided to start publishing charts I would normally save as a private idea.



This is not financial advice, only opinions.


Feel free to reach out if you agree or disagree!
Comments
Fakeoutking82
Agree buddy, let me show you my thoughts. ETH/BTC needs to make a move otherwise the ACCUMALATION CONE I show is invalid.
Dale_G
@Legacycreatorsuk sounds good I’m excited to see
Fakeoutking82
Fakeoutking82
@Dale_G, I have opened sharing to allow you to see it buddy.
Dale_G
Thank you I appreciate it
Dale_G
Lines are not to exact scale, bull market will be much more steep instead of diagonal. This is just a not so well drawn approximation.
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