Ethereum / Bitcoin
Long

$ETHBTC: Weekly trend turning bullish again...

208
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.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.