There are some good fundamental reasons to be interested in ETH against BTC in a balanced crypto portfolio and I am also interested in a place to go long.
But I got stopped out after a fakeout around 0.02045. It has since risen but is forming a wedgey structure with no significant increase in volume which is a bit unconvincing from the bulls. We also have some bearish RSI divergence on small-mid timeframes.
Sure we could break up from here but that would not make it a good trade. A retrace on the balance of probabilities seems more likely. I will be looking for a better entry.
But I got stopped out after a fakeout around 0.02045. It has since risen but is forming a wedgey structure with no significant increase in volume which is a bit unconvincing from the bulls. We also have some bearish RSI divergence on small-mid timeframes.
Sure we could break up from here but that would not make it a good trade. A retrace on the balance of probabilities seems more likely. I will be looking for a better entry.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.