ETH/BTS: Long ETH with BTS

We have a nice setup here, the idea is to short or sell BTS             , to buy ETH here, risking a 31% drop, to potentially achieve 121%+ returns in a short time. There is a very clear uptrend here, supported by fundamentals, considering how ETH resulted in a larger success, offering a similar thing to BTS             , making it a good candidate for a pair trade.
To take this trade, you'd long ETHBTC with enough size to risk 1% if price moves against you by 33.5% in ETHBTC and 29.79% in BTSBTC             respectively.

Check out my updated track record here:

If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.


Ivan Labrie

Link to Tim West's chatroom:
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.

Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance             on such information.
Comment: 2 smaller range days in a row, good.
We should see upside very soon.
Trade closed manually: I don't like how far it sold off today. I'd rather exit this position here.
Comment: Turning around, now might be the time to enter.
Comment: Blamm, take that BTS.
lovin' these crypto setups. keep it up!
IvanLabrie MarshaIII
Thanks, trying to think outside of the box, and posting interesting setups I'd trade.
BTSBTC is at a record low, ETHUSD and ETHBTC are still up over 1000% from the start of the year. I don't know if ETH's next move will be up or down, but I'd be more inclined to do the reverse. I have no position in ETH, but am long BTSBTC.
IvanLabrie DrGonzo87
Yes, that's a factor, but ETH can remain in an uptrend as well.
Thanks for the comment.
You can use the general idea for your own take on it as well, let me know how it goes.
DrGonzo87 IvanLabrie
I could be completely wrong but I think ETH has maxed out. Bearish MACD crossover on weekly and double bearish crossovers on daily. RSI likewise paints the picture of a downward trend. The fundamentals are not great right now either with the DAO hack and forking debate. That being stated, I did consider a short-term long on ETH myself. It can still see impressive gains, even in a downtrend. Best of luck anyway.
MarshaIII DrGonzo87
markets can stay irrational longer than we can keep solvent! happy trades all :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out