Who's ready to make some $$? Because I have a special treat for you.
Buy ETH/BTC pair on bitmex with leverage, or just buy eth because it will outperform bitcoin by a long shot very very soon. Not much else to say about this other than you can buy now with a stop below .084000 satoshis. Don't expect it to fall by any means, but your risk is very minimal regardless of the trade because if it gets below .084000, it will keep drop a lot more. So get your orders in and stops set and enjoy the ride.
FYI - Use the link below if you want to use Bitmex and get 10% off fees. Bitmex has the lowest fees I've found first of all, but I still spend 20k+ a month on fees so 10% is kind of a big deal if you're a successful trader.
Buy ETH/BTC pair on bitmex with leverage, or just buy eth because it will outperform bitcoin by a long shot very very soon. Not much else to say about this other than you can buy now with a stop below .084000 satoshis. Don't expect it to fall by any means, but your risk is very minimal regardless of the trade because if it gets below .084000, it will keep drop a lot more. So get your orders in and stops set and enjoy the ride.
FYI - Use the link below if you want to use Bitmex and get 10% off fees. Bitmex has the lowest fees I've found first of all, but I still spend 20k+ a month on fees so 10% is kind of a big deal if you're a successful trader.
Comment:
Just checked and while ETH is in a MAJOR multi week uptrend, the triangle it "could" fall down to would be .072000 satoshis on bitfinex and spot exchanges. The trade on bitmex is monthly futures (which you pay no funding fee for, basically free leverage which is pretty cool. Which is what I based this graph off of and the sub 84k satoshi stop. Also you get paid 0.025% for limit maker orders so that's a major plus as well.
Comment:
Plan's still in play. I didn't realize how different bitmex futures ETH/BTC were from ETH/BTC spot so if you're not on bitmex, disregard this post, but if you are, it is still looking very good.
Comment:
Looking even better than before. See new post for detailed analysis
Comment:
Don't worry about the trend line. We're on support. Buy on support in uptrends.