FRIDAY TRADING TIME

It’s Friday morning and you know what that means…

Time to make some money!

In fact, every single day the market is open is another opportunity for us to get richer.

So click here to join me on Money Morning LIVE and let’s trade the morning, together.

ETHEREUM PROFITS ROUND TWO

We got washed out of our Grayscale Ethereum Trust (ETH) (OTCMKTS: ETHE) trade on last week’s move.

Needless to say, I’m ticked about it.

Especially because right now, shares are getting ready to make one of my favorite technical patterns.

It’s the ol’ touch-and-go of the 20-day and 50-day moving averages.

LET’S GET TECHNICAL

Shares are right below the $35 level as volume is beginning to rise again.

This is happening as we head into a seasonally bullish period of the year.

Click To Enlarge

This is the type of situation where you have to rely on your senses.

Both the technical trend, as well as the season, are presenting favorable conditions for ETHE to start rallying higher.

So we’re going to upcycle this stock and get in for the next breakout.

ACTION TO TAKE

Buy ETHE for a limit of $30. Enter a 5% trailing stop when the stock hits $34.
If you’d like more technical trades, then you might love the algorithm trades I share in Night Trader.

I was one of the pioneers of machine trading, and the trades in my Night Trader trading research service, I give you the exact entry and exit prices of these options.

Click here for more details.

Until next time,

CJ


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