BTC and ETH could hit all time highs this week. Crypto miners are sure to benefit if that happens. While RSI looks a bit high on this one, the top of my drawn out channel suggests a $4.00 price tag could be a reality in the near future. I think a better chance of a 10-20% run up than 10-20% breakdown.
I'll take a swing here and likely hold as long as it stays inside the drawn out channel (while taking profits on the way up).
Obviously the crypto markets have to stay strong for this trade to pan out. HIGH risk HIGH reward
Trade closed: target reached
Close to a 30% gain in 2.5 trading days! This is why we do this shit
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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.