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ETCETH: Interesting pattern here

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ETCETH implies that ETC will outperform ETH to the tune of 200%, give or take. By this week's close, we will trigger a 14 week rally, the daily chart is already in a strong uptrend here, just taking off.
I added to my ETC position, now holding a half position, and waiting to add some more on dips, after making some more progress. I think this is an interesting trade right now, with ETCEUR's upside potential, and also as a hedge to our ETH exposure.

Best of luck,

Ivan Labrie.
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Strong move in ETCETH
s3.amazonaws.com/tradingview/snapshots/t/TGkTBVUX.png
Nice 1 month high, nice vol action...
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Strong climb today, we hit our initial target in ETCETH, after breaking the resistance up snapshot We aim for 0.19662699
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HODL!
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Continues to act quite strong.
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Wise to close half, or all of it here.
*I closed half.

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Trade fermée manuellement
I'm out...to free up more margin.
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I also got a free ETH stake...
Transaction en cours
Good reentry zone, last: 0.081
Trade fermée: ordre d’arrêt atteint
snapshot

I think having equal weight in ETC and ETH makes more sense now...the ratio failed to rally drastically here, but, I like the potential ETC offers as a hedge for $ETH.
IvanLabrie
Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
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ETCETHETCEURkeyhiddenlevelsrgmovtimeatmode

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ETCETHETCEURkeyhiddenlevelsrgmovtimeatmode
IvanLabrie
Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
Aussi sur:

Publications connexes

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.