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Ethereum looks ready to move, will Grayscale move as well?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 2.0 will never be released but usually that is a week or a month before a big announcement is comes out. They say trade what you know and i have been trading ETHE for 2 years and I have noticed that it marches to the beat of its own drummer, sure real Ethereum has its influence on the price of Grayscale ETHE but it more wild than ETH. Yes, technology stocks will continue to fall as people see the companies have no earnings, but Ethereum does have earnings! I mean have you paid those gas fees? That is money in the bank for Ethereum, if you had a constant stream of income and you put that into research and development... like the development of Ethereum 2.0 ... you might upgrade the network. People think Ethereum is too energy intensive but Ethereum 2.0 promises to fix that which might draw market share from Bitcoin. (see Eth dominance chart link below). I think people will sell BTC for ETH when ETH 2.0 comes out.
ELong
by JGH_Capital
2
SOL is outperforming🐋🌊 Solana is a smart contract blockchain (FTX's byproduct,) made to compete with ETH. Grayscale is taking an interest in SOL and has launched a Grayscale Solana trust. This means that Solana is now one of the 16 investments Grayscale has their hands in. Expect to see new highs. 🆗 Bear targets listed as well. 🛑🛑🛑🛑🛑This is not financial advice🛑🛑🛑🛑🛑 I always recommend looking at multiple charts when making a big investment Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you so much Jazerbay ☯
Long
by jazerbay
13
$TWT/BTC 1D (Binance Spot) Ascending channel on supportTrust Wallet Token is up-trending inside that parallel channel and is trying to break bullish out of that wedge. Current Price= 0.00001383 Buy Entry= 0.00001388 - 0.00001280 Take Profit= 0.00001654 | 0.00001988 | 0.00002578 Stop Loss= 0.00001078 Risk/Reward= 1:1.25 | 1:2.55 | 1:4.86 Expected Profit= +23.99% | +49.03% | +93.25% Possible Loss= -19.19% Fib. Retracement= 0.5 | 0.786 | 1.272 Margin Leverage= 1x Estimated Gain-time= 2.5 months
TLong
by TradingOn
1
Do not sell our 100 twt airdrop (give-away)I would say you can buy a ilttle bag for now and watch out it may dip a little futher I don't really think that will dip drasticly buy it way go to the blue ligne it's totally possible TWT I will say it's another hole investement perspective cause it's a promosessiong trust proeject that endurent and powered up buy binance so i would say it's a sturdy project btw I'm not a team's member but this my thought on that project ! Have a nice one and remember this is own personnal perspective on that project that I do share with you guys for FrEe ! Happy trading folks ^_^
T
by hamadi.the.investor
Please Don't Sleep On Litecoin (LTC) 2021 Digital SilverLitecoin is possibly the most important alt-coin aside from Ethereum in my opinion and it is still a sleeping giant. Why do I say that? Simply because of longevity and trust. Developed in 2011, Litecoin is by far one of the oldest cryptocurrencies that has remained a top 10 cryptocurrency for over 95% if its lifespan and that won't change any time soon. Do not underestimate the importance of time and trust in the market, especially in a market like cryptocurrency. I believe many people underestimate Litecoin's network effect of being the go to trusted alt-coin for an expansive source of liquidity, trust, and stability. Where Bitcoin goes Litecoin will most likely follow. I say this because after Bitcoin and Ethereum, Litecoin tends to be the next crypto asset many accredited investors and institutional investors turn their eyes to. Why? Because of trust. With that being said, Litecoin still has a lot of run up and room to grow. If you think Litecoin will not re-test or surpass it's all time highs you may want to re-consider that thought. Litecoin is the oldest "oscillator coin" that will grow and follow bitcoin’s price performance closely. Currently trading at $155 it is still a great time to invest in Litecoin and be a whole coiner before a new price discovery phase commences this year. We have major resistance at around $172 but once we break past the 0.382 we can expect a run up to test the 0.5 on the Fibboancci Retracement putting us around $219 for the next target. Happy investing and trading! Cheers!
COINBASE:LTCUSDLong
by peacefuljustin
1