I entered this trade yesterday because of 4 indicators being market structure, uptrend, EMA cross and a double bottom on the weekly chart. Also because I looked at ETH/BTC and there was a bullish engulfing on the daily. Holding this as overall the main alts are now in a bull market as many new investors enter the crypto market and buy cheaper coins than BTC.
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.