ETHE Bullish
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
This is the Ethereum ETF. ETHE is showing strength similar to Bitcoin.
Notice how ETHE closed below the 21-day exponential moving average (blue line on chart) on August 1st. It came right to previous resistance and bounced hard on high volume the very next day.
This is what I want to see – aggressive buyers taking advantage of temporary price drops.
I took a...
Grayscale Ethereum Trust ETF appears to be forming a giant head/shoulders. If it continues in that direction, this would make it bullish in the near-term, up to around 20-21.
After hitting 20-21, pay attention to whether it succeeds or fails in confirming the pattern and the succeeding in staying below neckline lows or failing and moving back above the right...
Hey traders,
Looking at the daily time frame of ETHE here, if Ethereum can continue its move upwards, we can expect to see a $ 12 price target for ETHE.
At the moment, ETHE by itself is -44% Discount to NAV which means you’re essentially buying Ethereum spot price around $1000.
The $ 8.78 support level has held and i’m expecting that to before this move up...
Grayscale Ethereum Trust and Grayscale in general for that matter, has been beaten down this year, with the clearest example identified in the ETHE Discount or Premium to NAV (Net Asset Value) which is down -51% to par. Given the current spot price of Ethereum (at the time of writing) at $1,321, this would put the spot price of each Ethereum held by Grayscale in...
long term accumulation, see a bullish ABCD reverse triangle pattern set up
see the TECS, TLT reverse triangle pattern set up
this is for my education and trading purpose and learning . NOT TRADING OR INVESTMENT ADVICE
Ethereum looks prime for a relief rally. After looking at the Grayscale Ethereum trust (ETHE) it's clear we are due. With patterns we can't tell when but we can estimate how high the rally could go. Check out the chart. I imagine we could hit the golden pocket with no issues (area between the .618 and .65 fibs). The falling wedge could break lower forming a longer...
If you look at my previous posted chart, and the dollar does a short term drop, and we're talking day or days here, then ETHE may come up and test it's 63 Week Exponential Moving Average from the bottom and catch a rejection at about the time the dollar resumes its rise. Might be a Friday only trade as I'd be nervous holding crypto in a trading account through the...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Grayscale Ethereum Trust (ETHE).
The chart is self-explanatory. Price has been moving in a Descending Parallel Channel. It broke down from a Multi-month support line now resistance and may go back up for a re-test. The RSI also looks like it may be going back down to...
So everyone is scared, just like the last time this big buyer came in.
Some one sees a low RSI and dramatic drop and they buy and then sell at 90% profit.
Now that SQQQ has had its run up (finally) some tech can bubble back up in small select areas. If an announcement about the progress of Ethereum 2.0 comes out then this thing will move. People are saying Eth...
ETH ETHE Grayscale Ethereum Trust Weekly
Long idea with time for dollar cost averaging in to the buy zone on ETHE.
looking at FIBO retrace levels to hold on ETH at 3k - would translate to support at $22 for ETHE and a possible long term positive buying opportunity.
as always with caution and good luck! please like and comment
In this current trajectory, assuming the market is maturing and no significant parabolic run, our next target is about 20% above our current position in the late Feb-March timeframe.
A parabolic run obviously would break out of the current rising wedge. Looking back, our last major push from Ethereum began in the Feb-March timeframe. Seems reasonable to expect...
