The ‘Other’ Crypto ETF Is About to Step Out of Bitcoin’s Shadow
I’m often asked, “what does a good chart look like?” Now, that’s a very subjective question, and a good chart by itself doesn’t guarantee us anything. But a good chart helps put the balance of return and risk in our favor.
So, to help readers understand what I see, this is a good chart:
The 20-day EMA is hinting at breaking out along with the current price. The 50-day EMA has flattened out, inspiring hope it will turn up next. And the Percentage Price Oscillator (PPO) below just crossed into positive territory, for the third time in its brief history. Although cryptocurrencies are never-endingly volatile, as a trading vehicle, this ETF is pretty attractive.
The iShares Ethereum Trust…
