12/19/24 - Here is a new SELL breakout chosen mechanically: ETHE12/19/24 - Here is a new SELL breakout chosen by a completely rules based, mechanical trading system:
SELL SHORT : ETHE
Stop Loss @ 34.07
Entry SELL SHORT @ 28.31
Target Profit @ 22.19
Key stats
About Grayscale Ethereum Trust (ETH)
Home page
Inception date
Jul 23, 2024
Structure
Grantor Trust
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Tax on distributions
Ordinary income
Grayscale Ethereum Trust (ETHE) is a pioneering security that exclusively invests in and derives its value from Ethereum. This ETF allows investors to gain exposure to ETH without the complexities of direct purchase, storage, and safekeeping. Shares are designed to track the market price of Ethereum, less fees and expenses. Sponsored by Grayscale, a major crypto asset management company with over a decade of experience in operating crypto investment products, ETHE offers a reliable means to invest in Ethereum. The trust was launched back in 2017, and the ETF started trading on July 23, 2024, with the primary listing on NYSE ARCA.
Displays a symbol's price movements over previous years to identify recurring trends.
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