The pre merge enthusiasm caused a big rally in both the ratio and dollar charts, both charts just flashed a short signal in the daily chart with very tight stops and big reward to risk, with open ended downside if it keeps trending down after the 1st range target is hit here. I'm long
SPY vs a long
BITI position as a pair trade currently, but will also add an Ethereum short as well. (probably ok to do a naked short or own puts)
Best of luck!
Ivan Labrie.
Best of luck!
Ivan Labrie.
Trade closed manually
Seems like my short covering was timely...I managed to exit when I covered my I'm long, but didn't update here when I covered the short (I did tweet about it though)
Daily trend failed, points higher here, and weekly flashed an uptrend signal, seems like it'll go higher in the ratio, into the merge and a bit after.
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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.