Replies to post #1695 on Grayscale Ethereum Trust (ETHE)

[price_and_volume]

2 breakeven trades since then.

curious what your chart currently shows.

You can easily chart it in any charting application - the rules (not mine) were given in previous posts.

Where is the likely bottom and why has it dropped so much this cycle? Any feelings on SP 1yr, 5yr???

It's a simple coded strategy, I just showed the backtest.

Strategies are NOT predictive, they're reactive: when rules are met, trades are entered. When additional rules are met, trades are exited. Most folks could use a little discipline in their trading (especially those who add to losers, etc).

I have opinions like everyone else, but the market doesn't care what any of us think, that's why I backtest simple rules & apply very basic statistics to my trades.

Best of luck!