ETHH, ETHH.B and ETHH.U World First ETH Ether Physical ETF!If you're stuck with RRSP and want to avoid the derivative junk out there that mimics crypto but is backed by banksters instead of the real crypto, consider ETHH from Canada. It's a little sticky because of the maple syrup and beaver tails but otherwise, it's the best "regulated" want to touch crypto without getting ripped off too much from the Street.
Available as ETHH - Hedge Canadian
ETHH.B - unhedge Canadian
ETHH.U unhedged USD! !!!!!!!!!!!!!!!!!!!
I challenge ANY readers to find me a better "legacy market" instrument than ETHH trading anywhere in a highly regulated environment.
If you own and derivatives ETF garbage, SELL, and buy PHYSICAL! Or as close to it as you can if you need custody services for your crypto.
Accumulate on dips HODL ETHH in RRSPs, TFSA or even 401K?
NOT FInancial Advise and I only get paid in good will. Cash is trash.
ETF
IWM - When I Dip You Dip We DipIWM has been pretty rangebound as of late, and it looks like its going to bounce down to around 219 or so.
Yesterday we saw IWM bounce of the upper Bollinger Band.
The MACD hasn't turned bearish yet, but should confirm a downward trend today.
The Stochastic is showing downward pressure.
This is not to say that IWM is expected to crash, but it may be a good idea to sell some calls.
#trumpcoin DWAC SPAC - PONZIED - Crypto Bubble - Frauds AbundantBuyer Beware. Another Billdo Pershing Square look a like. A money grab. Good luck poggers. HOLD FOR BROKE HOPIUM.
1 day BTC price upside prediction TO THE MOON GUYSToday I was over leveraged and some big whale son of a b* wanted to liquidate me, and many like me who thought the Valkyrie ETF would generate a big bull run to 70k , but some bulls wanted to make profits before that, so those damn whales dumped the price albeit being behind all this fake ETF frenzy to generate FOMO and then selling the hell out of it , now they bought the dip, and going forward. This is probably a big WYCKOFF going on.
Bitcoin Where To Now? $70K Resistance Possible Drop Below $60kCheers to everybody in Bitcoin and in cryptocurrency! Very exciting times to be in this space. It's always great to know that pretty much everybody in Bitcoin is profitable whenever Bitcoin reaches new all time highs!
Ideally we want to hold the $60,000 level for Bitcoin but dropping below $60,000 is always a strong possibility. I believe the first real major resistance for Bitcoin will be at $70,000 or in between $75,000 if we continue this uptrend.
We're pretty overheated on the daily oscillators indicating a pullback may be upon us. Support levels if we drop below $60,000 I'm looking at support around above $55,000. We're looking bullish on the weekly time frames in my opinion.
The fundamentals have gotten much stronger since the Bitcoin ETF which will enable a great amount of money to come into cryptocurrency in the coming months. Specifically into Bitcoin. I believe the next coming months will be very historic once again.
Much peace, love, health, and wealth!
BITO: $41 | BTC: $63,000 Fwd Price $550k by 20224when Gold at $200 first issued an etf sometime in 2003 it's price went to $1800
that was a an 800% price upside in 7 years
in currenty times 2021 with all the technology and access to markets.. that 7 years may just be recuded to 7months or maybe even weeks
next halving is 204 around March.. and $550k BTC should be around that area
CRYPTO ETF - THE ESCAPE ROUTE FOR PROFIT??AMEX:BITO
I'm not a fundamentally based trader, however, there are times where a theoretical story seems likely to supplement the technical analysis side of the (bit)coin.
Technically: Most IPOs are pretty obvious as to what is support and resistance are after a few days of trading. Therefore, mapping out potential levels in the future become easier - especially if happens to align with large round numbers. The areas shaded are in my opinion the ONLY places I would pay attention to.
Fundamentally: Bitcoin is at HI's again, and crypto is prevalent in the news with the launch of its first ETF (paving way for others). If anyone is looking to get out of bitcoin near its all-time HI, double top, then we need buyers. These ETFs are providing the liquidity for the sellers aka the escape artists to profit from the buyers and new players into the crypto world. We may see absorption of this buying (temporarily?) before we see bitcoin, crypto, and BITO ETF suffer some.
Small moves in the grand scheme of things where you can still profit.
Just an idea....
Canadians trade Bitcoin within RRSP? Bull and Bear?Looks like all the Canadians stuck with toxic dollar=based high priced equity can buy in fake Bitcoin via ETF. Complete junk but highly tradable. For Bitcoin when the Bull is running (like now), BUY HBIT
When the bear returns, switch to cash-is-trash or BITI to go bear on Bitcoin.
Use the leverage. On this trading style we will be fairly agreesive since we prefer to be in cash since the legacy markets run on obsolete banksters hours and systems.
Move to the new world of internet money. The truth. And until there is a true physically based backed Bitcoin ETF, trade this ETF scams. Heck a lot better than any mutual funds.
THIS IS NOT FINANCIAL ADVICE - TRUST YOURSELF - VERIFY EVERTHING ELSE.
BTC Toughest Test YetBTC is looking to take out the former trend support that has held as resistance for the last 5 months. It is also fighting against the neckline of the rounded top/ head and shoulders pattern that formed Feb-May. If Bitcoin is able to flip both of these lines (Which is exactly where BTC reached before slightly dropping). Then I think we can confirm that the bull market is back in full swing. Until we flip these lines do not enter long positions with high leverage. Because we could move sideways for a couple days and then move to the .5-.618 fib levels. 51k and 43k should hold as support. Until these 2 lines are flipped I think it is best to remain neutral. Do not give in to FOMO. You can still get a great entry when bull market is confirmed.
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Couple Potential ScenariosIve just included a couple of scenarios that could play out for BTC. At this point I am pretty neutral and just waiting for something to push me toward a side. There are still some pretty bearish divergences on the 1W and 1M charts. If we do break ATH id expect 72k to come rather quickly. If we fail to break ATH we could see a couple of weeks of sideways action before falling to the downside.
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"Wall Street Bitcoin" Lovely baby chart on the 15minWell, as someone who is extremely critical of toxic Wall Street Instruments. I am impressed with this "futures" BS "Bitcoin-link" instrument of mass destruction. Fortunately, Bitcoin, unlike manipulated gold and silver commodity markets, is a world-wide, distributed and battle hard spaceship.
Gifted to us by the gods not though gold but though MATH AND TRUTH! And the charts over today's first trading day on crook street (banksters hours) shows a lovely 15 min period chart ending with a warm bullish engulfing candle. Warms my heart.
Enjoy the ride people. Trust yourself first. And verify the rest!
Notes: First date trading:
$40.88 OPEN
24.284M VOLUME
BITO is NOT an investment because it's decays with futures contract roll overs. Great swing trade position. As we break 65K, BLUE SKY BREAKOUTS to .... (TBC)
Bullish Bias on ETHThe general consensus is bearish right now.
So many people think that the ETF tomorrow will be a "sell the news event."
I am not wasting even a second considering the outcome of that. It is already priced in, nothing will come of it. What im wondering is why nobody is remembering the massive cup and handle pattern we are in, the supply shortage on exchanges, and how we just had the highest candle close ever on bitcoin.
You have to be an idiot to think that the cup and handle pattern is less telling than some ETF being approved. Who cares about this ETF? If we do crash (go below my red line) I blame it on the media pushing this stupid ETF news so much. This is crypto, we don't require catalyst events for mega pumps.