ridethepig | ETH Market Commentary 2020.07.23
アップデート済
The number of available entries in ETH, to a certain extent compensates those short-term speculators as we can get this to $300.00 relatively quickly with no more protection.
=> As the saying goes.. 'A rising tide lifts all boats'
This illustrates the play on the BTC wings. It is also characteristic for the fearless to generate alpha and neglect sellers weakness across the major cryptos. ETH will benefit from the general optimism around the Crypto board as well as the latent dollar weakness. I wouldn't be surprised if we saw more ETH buying, especially since EOS is likely to remain in first gear for the foreseeable future.
Here $250/$255 is the preferred entry.
...a momentum break above $270 is also worth considering if we are unable to get enough size on the pullback. There doesn't seem to be any significant resistance level from here, will track $300.00 as a healthy target.
Thanks as usual for keeping the feedback coming 👍 or 👎
=> As the saying goes.. 'A rising tide lifts all boats'
This illustrates the play on the BTC wings. It is also characteristic for the fearless to generate alpha and neglect sellers weakness across the major cryptos. ETH will benefit from the general optimism around the Crypto board as well as the latent dollar weakness. I wouldn't be surprised if we saw more ETH buying, especially since EOS is likely to remain in first gear for the foreseeable future.
Here $250/$255 is the preferred entry.
...a momentum break above $270 is also worth considering if we are unable to get enough size on the pullback. There doesn't seem to be any significant resistance level from here, will track $300.00 as a healthy target.
Thanks as usual for keeping the feedback coming 👍 or 👎
トレード稼働中
No luck on the cheap fills... Momentum plays at 270 only, good luck all those on the bid.ノート
For those wanting to add to positions: 
トレード終了: 利益確定目標に到達
A flawless momentum play ✅
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。