ETH has been the strongest performer in this bear market. Its chart vs BTC has cleared the historic .618 fib and looks to retest its ATH. ETH also offers an attractive trade vs USD. We have triple confirmation on the 4 hour, the EMA cross, Stoch RSI, and MACD(will cross any moment).
Target 1 1225 Target 2 1425 SL 999
Risk Reward ratio: 2 to 1
ETH VS BTC
Trade closed: stop reached
Trade active
Long at 807
Note
additional longs at 791 and 731
Note
Sold all for now. Target reached. Let's see how it develops
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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.