Right now we can see ETH/BTC reversing, which would mean additional gains for ETH, if BTC follows its uptrend. On this chart (ETH/USD) you can see that the break-out is near with decent volume coming in.
If you are not holding, but trading, I assume a Long from a clear break-out at 501 should make sense. A tight stop can prevent any unexpected downside move.
This is no trading advice. Good luck!
If you are not holding, but trading, I assume a Long from a clear break-out at 501 should make sense. A tight stop can prevent any unexpected downside move.
This is no trading advice. Good luck!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.