What's up everyone,
The cryptos have been holding up recently. People have been calling for $5,000 in bitcoin for a while now, I become increasingly convinced we will not see it go down to those levels. Likewise, I don't the ETH will drop much further. It looks to be setting up for a nice rally.
We have the macd about to be at dy/dx=0 on the WEEKLY timeframe and the RSI is also oversold on the weekly. Look at what happened the last time this happened. Don't bother, I will tell you: it went up a shit-ton.
If you don't know, I am planning to make an ETHBTC trade based on weekly confirmation that I am expecting to give me over 100% return on my btc in a couple of months. I'm very excited about this trade opportunity. Make sure you don't miss out by following me!
Thanks for reading.
-YoungShkreli
The cryptos have been holding up recently. People have been calling for $5,000 in bitcoin for a while now, I become increasingly convinced we will not see it go down to those levels. Likewise, I don't the ETH will drop much further. It looks to be setting up for a nice rally.
We have the macd about to be at dy/dx=0 on the WEEKLY timeframe and the RSI is also oversold on the weekly. Look at what happened the last time this happened. Don't bother, I will tell you: it went up a shit-ton.
If you don't know, I am planning to make an ETHBTC trade based on weekly confirmation that I am expecting to give me over 100% return on my btc in a couple of months. I'm very excited about this trade opportunity. Make sure you don't miss out by following me!
Thanks for reading.
-YoungShkreli
Note
BTW one of those people was me. Need to be malleable people, trading is dynamic.
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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.