IvanLabrie
Long

ETHXBT: Weekly trend potential...

KRAKEN:ETHXBT   ETH / XBT
$ETHXBT presents us with big potential upside. The monthly chart implies it'll grind up towards 0.055 at least, within the next few months. Weekly charts imply a move towards 0.05 within 11 weeks will be confirmed if we move over 0.0358 this week and not fall below 0.0336 in that time.

I'm long #ETH, both with spot and margin positions but not long the ratio itself (although I did swap some $BTC for $ETH down here). Since $ETHUSD can reach $280 rapidly, given the weekly and daily signals, and $BTCUSD can reach up to $6400-6600 in the same time, this prognosis might become true, and the weekly trigger reached.

Best of luck,

Ivan Labrie.
@IvanLabrie Buddy cool idea. Thank you very much, I've been following you for a long time, it's cool to do analytics
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Hi, It looks like you made a mistake in the decimal point. I think you meant a monthly Target of 0.0647 instead of 0.647. We get the idea none the less. Thanks!
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Spectre-788 Spectre-788
@Spectre-788, that's how outrageous the target looks from the current perspective. If it ever realises that would be well past flippening. Let's see what happens.
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Hi! It seems it is below 0.0336 now. Is this invalidated already? or mistake?
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@ambrosia, not yet since it first needs to break up above 0.0358 to then trigger the signal (and the invalidation levels' significance as a way to invalidate the trend and define risk).
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ambrosia IvanLabrie
@IvanLabrie, I see. Thank you!
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