ETHETHE 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 $22 for ETHE and a possible long term positive buying opportunity.
as always with caution and good luck! please like and comment
ETHE yet again at a low and bouncing up
Ethereum Gas prices at a high - no one wants to move their ETHE much less sell it which is driving up the price which should drive up Grayscale Ethereum trust.
ETHE bottoming out
It did flip the 50/200 but will it flip back or keep falling?
The election should keep this moving sideways for a while so buy the dip
ETH Is Now Going To Moon Because Its Almost Hit 210$ And I See That There Is Major Support Here And Now Its Trend Going To Up Side Next High Level. Let's See What Next And I will Update My Idea If There Is Any Big Event. Follow Me And Like My Idea To get Updated With Crypto Analysis.
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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.
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...
Notice when ETH/ AMC correlation corrects, AMC runs. Currently, RSI, Macd, and price is double topping on Eth/AMC. Again, this is ETH compared to AMC price. not prices overlapping two charts. A run for AMC is due on the charts, but only until we break patter/ trend line will a massive squeeze start.
Now you know why Alts have bounced - some big time, some just a bit. And why they are retracing now - We approach a compression area and these kind of curves as we see on ETH/BTC right now - tend to break to the downside - therefore a strong correction and big inflow to BTC should happen.
I was bearish on BTC Dominance - but after having more alt context and...
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...
Times like this, you just have to admire the art in chart.
If you refer your eyes to the Momentum Indicator (top right).
The downward price momentum was greater and hit the lower extreme 93 %
On the first downward price impulse from the recent swing highs.
Classic diverging indicator action at it's finest folks.
KRAKEN:ETHUSD
CRYPTOCAP:ETH
