ETCG (Ethereum Trust) has hit the 34.94 second bounce target for a quick 57% gain from the 22.44 entry last week. Consider booking partial or full profits and/or raising stops.

ETCG daily June 29th

ETCG daily June 29th

While 34.94 was my 2nd & final (preferred) price target for what I was & still am viewing as a quick bounce trade with another leg down still likely to come. With that being said, there is a decent potential for additional upside in the near-term. As such, for those holding out for additional gains might consider raising stops at this time targeting the two overhead levels on the daily chart above and/or the 60-minute chart below.

ETCG 60m June 29th

ETCG 60m June 29th