Alts look good, Bitcoin looks bad.
This is how I am playing this pair out:
1) If Bitcoin rallies from here, I will be looking to short both BTCUSD and ETHUSD.
2) if Bitcoin drops from here, I'll be looking to long a wick inside the box.
This is how I am playing this pair out:
1) If Bitcoin rallies from here, I will be looking to short both BTCUSD and ETHUSD.
2) if Bitcoin drops from here, I'll be looking to long a wick inside the box.
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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.