ETH/BTC
expecting a big up movement starting the next week
it's already started, but i'll wait and buy at around 0.0204
targeting 0.0275 (1st Take Profit :not really the main target but it's necessary to protect my balance from any unexpected movement)
and 0.0345 ( 2nd Take Profit).
**it's how i'm going to play it, and it's not a recommendation to anyone
expecting a big up movement starting the next week
it's already started, but i'll wait and buy at around 0.0204
targeting 0.0275 (1st Take Profit :not really the main target but it's necessary to protect my balance from any unexpected movement)
and 0.0345 ( 2nd Take Profit).
**it's how i'm going to play it, and it's not a recommendation to anyone
So you're back after a few months, LOL. Bitcoin has a massive ups and down in the last 24 hour, but knowing how volatile is was, I wouldn't be surprised by a good bounce today and the price seeing above $10000. I'm not really sure about Ethereum though, but as we can see, it had a break out run, posting a gain above $200 and support are holding it around $220. So let's see if this small movement will turn out to be something big specially entering the last quarter of the year.
i was on a summer vacation with the family i didn't trade much, also i'm a long term trader 2-3 months between trades is normal
anyway ATM i'm neutral on btc, as there r 2 scenarios:
1st: to close a week candle above 10975 in this case it will target 15480$
2nd: to go down and make a bottom around 8580~8210 then go up targeting the 15k level
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i feel that the 2nd scenario is closer to current movement, so i'm trying to use that on ETH, Since Btc might go down a little, and ETH will get some strength soon.
i'll try buying ETH/BTC next week, i hope it doesn't go lower than 0.0204 tho before reversing up.