Beskrivning
⋅ I am buying Metal.
I always look at alts in relation to btc and eth. Why trade your btc or eth for an altcoin unless the alt has more upside?
Kommentera
⋅ two possibilities, namely against Ether (BTC upperbound trendline is not as questionable)
trendline misplaced
or
retest
As it stands, I am in favor of trendline misplaced. However I do see a breakout as imminent in the near future as my first chart shows with the arrows Kommentera
⋅ Will update my targets for conversion back to eth/btc
Kommentera
⋅ 2/3rds profits will be taken at the following prices:
1/3rd will have a trailing exit stop