ETHBTC MNT: 200% upside / V-shape recovery (SL/TP)(NEW)

28 Apr 2021

ETHBTC MNT: 200% upside / V-shape recovery (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because this is an OVERALL
BULLISH SETUP.

🔸 Summary and potential trade setup
::: ETHBTC monthly chart review/outlook
::: V-shape recovery in progress
::: ETH will outperform BTC next 12+ months
::: ETHUSD target next 6 months is 5 000 USD
::: within 24 months we may hit 10 000 USD
::: Recommend to accumulate ETHUSD on pullbacks
::: this chart means business
::: recent clean breakout of range highs
::: says we get more strong gains in the future
::: BTC is lateral/sideways now
::: so since BTC fell asleep ETH may pump soon
::: ETHUSD 5 000 USD may get hit in September/October
::: buy dips/pullbacks and get paid
::: BUY/HOLD from lows. get paid.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BULLS

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.