The big news to end of the week is Ethereum completing this monster base and breaking out to new all-time highs.
For me, I don’t care if we’re talking about Crude Oil Futures, Apple or Tesla shares, Treasury Bond ETFs, Gold, Silver, Crypto….
It doesn’t matter to me. It’s just letters and math. All that other stuff isn’t my problem.
The trade has been to be long ETHUSD if we’re above those former highs from 2018. It was that simple. The risk was very well-defined and the potential reward was exponentially greater. That’s what we look for. And so far, that strategy has worked well for us.
But now, while stocks are on holiday, Ethereum is really making a go of it: [Read more…]