STIADAYSOFPAST

ETHEREUM (ETHBTC)

Long
STIADAYSOFPAST Updated   
POLONIEX:ETHBTC   Ethereum / Bitcoin
Neckline broken and on track to hit the 61.8% fib retracement, where I recommend closing your longs. Possible short stay at the 38.2% retracement over the next day or 2. 4h SQZMOM is about to turn green and the 1D momentum is also heading toward green.
Trade closed manually:
Bitcoin pumping hard and probably going for new ATH's by the look of it. Flipping this trade to short is now my recommendation.
Trade active:
Possible ETF rumour for ETH is likely the cause for the price to rise right now. Was expecting a dump on the ETHBTC pair but now its going up even though Bitcoin is rising strongly as well.
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.