Ethereum Traders Eye ‘Swing Longs’ As ETH Outperforms BTC

Ethereum (CRYPTO: ETH) has outperformed Bitcoin (CRYPTO: BTC) over the past month, rallying 17% while BTC dropped 5%.

What Happened: Crypto trader CJ stated that he had originally planned to bid on an Ethereum pullback, with invalidation below recent lows.

However, he removed bids and now has alerts set for actionable levels.

CJ revealed that he is still holding a swing long from around $4,200 aiming for all-time high levels. Presenting his bullish arguments, he sees an inverse head and shoulders pattern targeting $4,680.

He added that a …

Full story available on Benzinga.com