If you are following my last $ETHE idea you know that I stayed out of it because of the massive Head and Shoulder's pattern that formed. You also know that I have been laddering in from $39-$50. With an average buy price around $44. We are now in very good position. Enjoy the ride to $100 and our first target is $200 at the moment with the kind of price action we...
Another one from Grayscale if you are down with digital currency. If you want to try catching a falling knife you can go with a long here and a tight stop. Otherwise, wait for an obvious turn. Often reversals will happen at LVN. Definitely put this on your watch closely list.
ETHE could go lower but the pain cannot last forever.
It looks soooooo gooooood right here!!!!!
Bleeding out since august making nice entry points Entry 1: $40.50 Entry 2: $31.50 Going long moving forward if Grayscale doesn't crash this ETF then buying at those entry points you have the 1st sell target placed at $80 for about a 100% return and that would close out the bear market for another cycle upwards.
While ETHE follows Ethereum, it also has it's own unique patterns and looks like more downside from shares that have been issued. From the looks of this pattern a break of this $75 level would lead us down to a $30 buy. Those who follow me on twitter know i bought this at $100 and got out at $110 area. This chart is why. With Ethereum due for a pullback as we are...
ETHE bottoming out It did flip the 50/200 but will it flip back or keep falling? The election should keep this moving sideways for a while so buy the dip
ETHE about to flip the 50/200 day? We did not think this would go this low. but it did - so now what ? Do we go lower? it seems we have bounced off a new lower low but we might reverse down further. time will tell in this election season.
This has to be one of the most amazing crypto charts I have ever come across - it's the ETHE premium over ETH... it's transgressed across a 27% low to high of a staggering 2,015% ... insane. And it's in free fall - just dead cat bounced of a recent low of 34% and now sitting at ~50%... it almost makes more sense to trade this during market hours than regular ETH...
ETHE yet again at a low and bouncing up Ethereum Gas prices at a high - no one wants to move their ETHE much less sell it which is driving up the price which should drive up Grayscale Ethereum trust.
The math I should have done before jumping in too early on ETHE. This helps show how the price of ETHE can keep dropping as the price of Etherium continues to rise. Ideally this would trend toward 1, but there will always be a small price to pay to Grayscale to have exposure to Etherium without a coin wallet. I will let you be the judge on what price is fair.
ETHE (Grayscale Ethereum Trust): ETHE is at it's lowest premium since November 2019 as of 08/19/20 sitting at around 179% vs roughly 1000% lesss than two months ago. It's also currently sitting at a horizontal support/rising support line and rising RSI support. With Ethereum overall being bullish I would expect the premium to go up fast if there is a big move. ...
BUY on the open 8/14/2020 Ethereum just jumped tonight So it should take this. Grayscale ETHE product with it to the moon tomorrow.
I am seeing this pattern of W(double bottom) in the underlying asset, I drew the green line, when the pattern appears changes the trend, the uptrend will continue if it goes up above de .50 Fibonacci, with a small retreat to regulate the rising, and then continue the trend . Besides, its stochastic and RSI are at oversold levels and it is also at its fibo pivot...
Not sure how price will reach but to me says zone of next interest ... than great bounce possible moon
I've been studying the ETHE chart a little bit lately as I am less familiar with Cryptocurrencies than some people are, but I've heard of Ethereum (ETH) being the next 10,000 dollar coin (insane....). Since Bitcoin is way too high for me to catch it seems ETH would be the next big bet. Now ETHE is NOT ETH. Its a derivative of the 300+ dollar coin, however its much...
ETHE - get it before it pops up again. this 90-110 range should be your buy zone for now.