ETHBTC: expect ETH to gain strength as BTC corrects

2018年7月18日

ETH has been falling behind in this recent uptrend and has had the strongest pullback so far from it. However, as BTC starts to correct, I am expecting the ETH pullback to slow down. We are at a key Fibonacci retracement area and are significantly oversold on the 4hr, with divergence in both RSI and CMF. Expect a bounce soon.

2018年7月18日

註釋

Please see original ETHUSD idea where this originated from:

2018年7月18日

註釋

30 min chart suggests that the correction up might be coming sooner rather than later:

2018年7月18日

手動結束交易

Ok this looking bad. If we don't this level very soon, we're in for much lower numbers. Since I don't actually actively trade ETH against BTC, only against USD, I will most likely not have many more updates for this pair. Check my ETHUSD post linked below for updates.

2018年7月19日

註釋

Good lord this is brutal. However, we if this hour closes where it is AND we start trading above it, I would say the bounce is in.

https://www.tradingview.com/x/iMlWakRa/ [\image]

2018年7月20日

註釋

Still more brutal downturns. Here is the trend line you should be hoping breaks if you're a bull. If we fail at the 0.786 level, expect sub 0.5 ETHBTC

2018年7月20日

註釋

Here's a HIGHLY SPECULATIVE, yet interesting Risk Reward trade. Don't trade this pair myself, but interesting nonetheless, if you think the 0.718 fib level is going to hold

2018年7月21日

註釋

Well look at how this speculative trade is going. I would start moving the stop loss up to break even or in profit

2018年7月21日

註釋

Nice, you could have made 3% on this trade.

2018年7月22日

註釋

Looking like we broke up out of a bull flag

https://www.tradingview.com/x/LogsXNhR/ [\image]