ETCETH: Interesting pattern here

Jul 10, 2017

ETCETH implies that ETC will outperform ETH to the tune of 200%, give or take. By this week's close, we will trigger a 14 week rally, the daily chart is already in a strong uptrend here, just taking off.
I added to my ETC position, now holding a half position, and waiting to add some more on dips, after making some more progress. I think this is an interesting trade right now, with ETCEUR's upside potential, and also as a hedge to our ETH exposure.

Best of luck,

Ivan Labrie.

Jul 10, 2017

Note

Jul 11, 2017

Note

Strong move in ETCETH
s3.amazonaws.com/tradingview/snapshots/t/TGkTBVUX.png
Nice 1 month high, nice vol action...

Jul 12, 2017

Note

Strong climb today, we hit our initial target in ETCETH, after breaking the resistance up We aim for 0.19662699

Jul 12, 2017

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HODL!

Jul 16, 2017

Note

Continues to act quite strong.

Jul 16, 2017

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Wise to close half, or all of it here.
*I closed half.

Jul 16, 2017

Trade closed manually

I'm out...to free up more margin.

Jul 16, 2017

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I also got a free ETH stake...

Jul 17, 2017

Trade active

Good reentry zone, last: 0.081

Jul 18, 2017

Trade closed: stop reached

I think having equal weight in ETC and ETH makes more sense now...the ratio failed to rally drastically here, but, I like the potential ETC offers as a hedge for $ETH.