With Bitcoin breaking out to new ATHs, I expect 
DMGGF will begin its move higher this week. Each prior move higher has ended in the 2.00 - 2.618 extension area. Since the 2.00 was only reached with a wick in this most recent move, I'm looking for the 1.618 as a 'conservative' target to start taking some shares off. Still a potential >250% move higher from the current price.
You can see my more detailed explanation of the relationship betweenDMGGF and 
GBTC in my idea linked below.
***I am longDMGGF***
DMGGF will begin its move higher this week. Each prior move higher has ended in the 2.00 - 2.618 extension area. Since the 2.00 was only reached with a wick in this most recent move, I'm looking for the 1.618 as a 'conservative' target to start taking some shares off. Still a potential >250% move higher from the current price.You can see my more detailed explanation of the relationship between
DMGGF and GBTC in my idea linked below.***I am long
DMGGF***Note
personally still holding strong
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.