Long ETHE Ticker: ETHE Currency: ETH Asset Per Share: 0.01004174 Underlying Value: $38.12 Share Price: $32.36 Expense Ratio: 2.50% Discount: 17.80%
Hello friends, today you can review the technical analysis on the 1W chart for Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). 1) Both GBTC and ETHE are heavily invested into the crypto markets through Grayscale. 2) With the crypto market correction, prices of both GBTC and ETHE may fall as well. 3) Both charts show the Fibonacci Retracement...
GBTC (Grayscale Bitcoin trust) is the only form of pure exposure to Bitcoin for stock trading accounts. The biggest problem GBTC had in its inception and during the bull market of 2016 - 2017 was how many Bitcoins were held in the trust in relation to its stock price. At the height of the crypto rally in 2017, GBTC was trading in the vicinity of a 100%+ premium to...
Looks ready to push back to ATH IMO. With the 1.618% up next to be tested b4 W5 finally ends around $66
Possible nearing the end of any short term optimism as $14 can be price target given current count. in this particular count an extension of corrective is expecting meaning price could overlap ytd highs, masking the underlying bear presence. education only edit: in the chart on left side the volume isn't consist with $67 move down, the consistency of...
Simply an interesting point of view to consider. Not financial advice, just a discussion point here while it is appropriate. Our current level matches wick down at Ethereum's peak timeframe. I am mapping out the 50-period EMA. Top chart is 50-day and obviously bottom charted calculated at the 50-period (3-hr view). The Puell Multiple chart...
If you look back at this summer, we spent very little time at this level - both before the peak and after. Keep that in mind if we see another very strong day, that we have subsequently retraced/retested. Then, both before and after the peak, we attempted recovery again very quickly. In my case, I have funds such as Grayscale Ethereum fund that don't settle in...
Ethereum will hit 4k no time soon before january leys keep a watch and hodl strong
This is another example of how I am using an interaction between a 21-period EMA and TradingViews' Triple EMA (TEMA) to identify trending direction. I have my chart set at 3-day as that is about how long it takes to settle those investments. Unless we have a reversal soon and subsequent move to the downside as with last year, we are headed towards a crossover...
Based on fibonacci and the 100/200 EMA I expect a major run back over $30, maybe even $34. Ethereum can be jump even higher later anyway. Once again the key is patience. Ethereum is now a good long term investment.
Title says it all Not shorting Not Advice #PatiencePaysWell
Accumulate $35 to distribute at $65-70 for a swing trade
Obviously there is no certainty with crypto (or any investment for that matter). Although there appears to be upside remaining over the next 72 hours, we also know that there are diminishing returns and increasing risk as time moves forward. I took a very small amount of profit Monday at 40.50. My plan is to reduce my exposure from here on out on the days...
Here is the perspective of Ethereum custodial on Grayscale.
Price has formed a solid base since the beginning of the year and is now flirting up against all time highs. With no signs of divergence it is safe to assume bullish momentum can take the price to new highs