Don't forget BTC
Updated
Bitcoin has been quite stable the last few weeks.
All eyes are on Ether whilst more and more opportunity rises with Bitcoin.
The following indicators convince me of it's bullish potential:
- Support of the 20 and 100 weekly MA's
- crossing of the 20 and 100 weekly MA's
- support of the weekly closes around 2460
- hidden bullish divergence on RSI (multiple time frames)
- failure to reach new lows for weeks
- ETH will not be able to rise forever, profits might be moved over to BTC
I am expecting at least one more parabolic move on ETHXBT and will be looking to lock some ETHXBT profit into BTC. I will also keep a relatively small ETH investment for the long run.
All eyes are on Ether whilst more and more opportunity rises with Bitcoin.
The following indicators convince me of it's bullish potential:
- Support of the 20 and 100 weekly MA's
- crossing of the 20 and 100 weekly MA's
- support of the weekly closes around 2460
- hidden bullish divergence on RSI (multiple time frames)
- failure to reach new lows for weeks
- ETH will not be able to rise forever, profits might be moved over to BTC
I am expecting at least one more parabolic move on ETHXBT and will be looking to lock some ETHXBT profit into BTC. I will also keep a relatively small ETH investment for the long run.
Trade active
I didn't sell ETH yet but bought more BTC anywayNote
Selling some of my long at 432, possibly to buy back soonNote
Bought back my sold coins (10% of my position) at 434Note
Happily holding on to this
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