ETHE Massive pattern

While ETHE follows Ethereum, it also has it's own unique patterns and looks like more downside from shares that have been issued. From the looks of this pattern a break of this $75 level would lead us down to a $30 buy. Those who follow me on twitter know i bought this at $100 and got out at $110 area. This chart is why. With Ethereum due for a pullback as we are seeing and this chart leading that charge on a potentially massive head and shoulders, we could see this go down to $30. Be wary.

-Sherem

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Starting to nibble ETHE here. The only time ETHE was at this current NAV level was back in October of last year. I still think crypto can get a major boost over the next month. Not that we would moon, but Ether could go to 700 if it breaks above 400, which is still in play.

this would push ETHE to at least $80-100, maybe higher if we get some momentum behind it.

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buying more.

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ETHE NAV is now at 20%, never been this low. stacking.

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We are at a MAJOR support area in $ETHE right now. RSI is very oversold. But check that volume out. Who is propping up #Ethereum ? Grayscale at the moment.

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Check it out, that bottom is rounding out.

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Great continuation so far. our buys were between $40-$50 and we are in great position. I expect it to continue much higher from here. Targeting $200 with these type's of moves if not a lot higher.

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update -