10baggerbamm
:
it's trading in such a narrow band I can't get excited I want to rejoice but the reality is aetherium should be $4,500 today and it's nowhere's remotely close it's being traded in a real narrow band by people that understand where the support and resistances are they are making a lot of money at the expense of everybody else. I don't trade ethereum directly I trade it and invest within ethu which is a 2X leveraged ETF. and if one goes back to July and looks where that leveraged ETF was which was $16 and it came crashing down as a result of the unwinding from the Japanese dollar trade it has never recovered. maybe some smarter people than myself can explain to me why we have not had a reversion to the mean, because that ETF should be $12 right now all day long minimum and that would be representative of about a 50% retracement and yet we're not even close we're $8 as of this morning Spike.
10baggerbamm : it's trading in such a narrow band I can't get excited I want to rejoice but the reality is aetherium should be $4,500 today and it's nowhere's remotely close it's being traded in a real narrow band by people that understand where the support and resistances are they are making a lot of money at the expense of everybody else. I don't trade ethereum directly I trade it and invest within ethu which is a 2X leveraged ETF. and if one goes back to July and looks where that leveraged ETF was which was $16 and it came crashing down as a result of the unwinding from the Japanese dollar trade it has never recovered. maybe some smarter people than myself can explain to me why we have not had a reversion to the mean, because that ETF should be $12 right now all day long minimum and that would be representative of about a 50% retracement and yet we're not even close we're $8 as of this morning Spike.