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
~ snip ~
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.
Good for you if you went on a holiday with your family, I guess not everyone has the luxury to go away that long.
Yea, I would like to see Bitcoin bottoming around that price so that we can pick more cheap coins. Bitcoin has been trading sideways for the last month or so, another indication that it could make a break out run (1st scenario), or make a new pattern and go down hard (2nd). Still a win-win scenario though, plenty of leg room to go and touch $15,000 this year.