If you have a small position in this fund, you have already seen some decent gains. This is an area to test and confirm as support though we are coming up to September and need to be ready for a pullback. I have a very small position here, so have my stop loss inching up and will take the profit and miss out on a quick recovery (though usually Eth Classic and...
ETCG about to run higher with ETHE
this old trick still works.
Folks get Ethereum and Ethereum classic confused and this spills over into the Grayscale Ethereum trust market as well as you can see.
This seem inversely corelated to SQQQ so looks like we are going to take a rest if not a dip.
I will capture my gains and circle back in 10 days.
looks like Alt season is getting going
and maybe ETCG is old hat but it can't ignore the rising tide that will lift this boat. dip to 12 or 11 please before taking off with out me.
For those who got in below 10$ congrats!
The long term trend line (log scale) shows that should the ETH bullish momentum holds up the near term price target should be around 28.5$ - 30$ (overshooting).
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long...
With crypto pumping as a whole and the ETHE & GBTC funds seeing some activity, I think it's time for Barry coin to get some attention. Buy this up at $8 and let it ride to around $40. Good luck.
These are my thoughts on BTC . They are meant to give you an idea, not trading advice.
Some time ago I posted the ETHE chart, and it exploded. I'm kinda starting to think ETC could be next. It's been sitting quiet for a very long time. People lose their interest, and then suddenly it takes off without a warning.
Those who follow this chart can see the warning....
Been trading in a range almost its entire life between 6 and 13. Also been a couple massive upside deviations. Worth a shot at the bottom of the range.
Jumped up above two trend lines this morning (they form a yellow X). Volume is big. Nice W market structure at the bottom. Good to at least the longer term trend line at $17.00. Crypto is catching fire. Here is one way to get some exposure to it.
Was gonna publish this sloppy chart a few days ago and go a little heavier on it myself but its probably still worth buying the breakout with a close stop. Only grayscale fund to not go full batshit yet
ETCG braking out ?
After a long pitiod of pain Eth classic might be turning around.
I like the new CEO, she seems smart.
I don't think I have called a break out so far in advance before - too bad I did not make the trade my chart told me to make. But it still feels good to be right regardless of gains.
Grayscale ETH Classic is pushed this way and that.
It looks like we can bottom out around the $8 level
We should jump to $10 after that and then continue higher.
ETCG fund overshadowed by ETC hack
WE know this could blow over and it will pop up any day now.
BUT
I will nibble around $9 til the inevitable break out.
Hopefully this happens before Sept 18th but i can wait.
50 day 100 day and 200 day
For the first time
all three moving averages have converged.
For the first time - something is going to happen!
With the entire Crypto market cap climbing
over the last few months I think we go up from here
Look at the RSI it should be lower but sometimes we have such strength the price just moves higher.
