If you recall my last ETH/BTC post, it recommended going long at .03 for a longer term hold. the trade is in profit right now, but we still have a ways to go. there are a lot of different ways this could play out. With Constantinople coming out I anticipate we will get a massive move here at the first of January. We'll be targetting this .06 level and possibly the .07.
On the weekly chart MACD is starting to climb, RSI is bouncing off it's low indicating a move further to the upside is in the cards.
Happy Trading/hodling,
-Sherem
On the weekly chart MACD is starting to climb, RSI is bouncing off it's low indicating a move further to the upside is in the cards.
Happy Trading/hodling,
-Sherem
Note
Previous analysis: 
Note
The main resistance was broken, nothing until .055
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.