I picked up some Ethereum (via ETHE) today on the basis of prior head and shoulder patterns, and there have been a lot of them, have been breaking to the upside. below the 50-day EMA looks like a good rea for a stop.
Big jump in Ethereum recently. It filled a big open gap on Wednesday and could consolidate for a bit, but it seems to be eying new highs again.
This is the Grayscale ETF for Ethereum.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
I picked up some Ethereum (via ETHE) today on the basis of prior head and shoulder patterns, and there have been a lot of them, have been breaking to the upside. below the 50-day EMA looks like a good rea for a stop.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Ouch, for ethereum this morning, but finding support at the 100 EMA so far after the 50 EMA broke.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Looking for support in Ethereum...
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
After falling more than 50% from its high, Ethereum has now rallied back about 50% off its lows from last month. It has cut through some resistance but now it is dealing with its 50-day EMA. The 200-day EMA is about 200 points overhead. Make or break time.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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