DISCLAIMER This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. There is absolutely no financial advice here because the only financial advice I can give is to research, research, and research. The purpose of this analysis is to serve as an example of an investigation into a company's background,...
As I've pointed out in the chart, every major move that has occurred in BTC has come on the back end of a RIOT Blockchain move. The 2 are obviously correlated, and picking through the price history dating back to the major dump of 2018, I've noticed RIOT always goes first, whether it be up or down. This has happened perfectly in sync since RIOT has actually...
It's been said Bitcoin could be a hedge for inflation..... digital gold...Whatever the case, crypto stocks and miners could be something to keep in mind. EBON has gotten beaten up pretty good and is back at the historic support/resistance level. IF the inflation speculation is accurate, it'll be interesting to see if the stock can firmly break back above this...
Target achieved after a month of waiting. Gratitude to MIchael J. Huddleston(The Inner Circle Trader)for providing me with the tools to analyze these markets. I'm always an apprentice and will always be, getting better day by day. Bought at huge discount and I'm still waiting for more as I labeled the prices below to keep doing DCA and buying at great discount. As...
Well, not much to say, check the correlated analysis before it happened when I was waiting for this opportunity since April. And now we are getting closer, it's a matter of submitting yourself to time until we get the best buys below 50k. There's a lot of liquidity down there and I even risk of saying it can go below at 38-39k USD. My plan is for the long run,...
The provider of technical support services and cloud-based software Support COM announced a deal to be acquired by bitcoin mining company Greenidge Generation Holdings Inc. (marketwatch.com). Market Cap still low, 141.851M If you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle,...
See what happened last time the government handed out Stimmy. We went from .58 to 1.21 in an hour. I'm not saying the same thing will happen this time; however, I think the chances are good. Fast forward to a current chart for ARGO, you'll see sideways consolidation. This is a long term hold (6 months) for me. Lots of positives: New construction should be...
Since my previous post on Hive linked to this chart, the share price has broken flush to the upside of an Ascending Channel, and upon back-testing old resistance there's been a double bottom where I have placed two blue finger icons, and old resistance has turned into new support forming a bullish flag upon consolidating, inherently bullish in my opinion. On the...
CAN above EMA 8, SMA 20, SMA 50, sma 150, and sma 200 in perfect alignment. Supported by PSAR dot about to switch below the candles. Leaning towards the bullish side on this one, similarly with RIOT and MARA. CAN should be priced above $20 of around $40 - $50 for me. Bitcoin and high market cap cryptos are breaking out bullish flag pattern as well.
Bitcoin is being noticed by both retail and institutional investors so much more these days. Minter allows anyone to mine Bitcoin from their PC's while surfing the net. Do your own DD at www.blockmint.ai Currently BlockMint has very low volume. Once volume comes in the price will increase dramatically. Get your position at a great price while you still can! Buy...
When you start putting Bitcoin on your balance sheet, you get the LOG chart. Especially during QE infinity and beyond. Eventually everyone capitulates. You + BTC = Winning
So, this past week was rather flat for Bitcoin in comparison to the previous ones. We saw the market consolidate further up but essentially become flat due to the very important resistance level of 6900. We saw it retest the resistance MULTIPLE times on the lower time frames, and yet, failed to breakout of it every, single, time. Despite the positivity coming from...
Potentially a Ascending Triangle, on a smaller time frame that's how it appears, and they're now trading above the 200 Day MA as well, very interesting.. I wonder if Fidelity is still invested here, they used to have a decent position, I'll have to take a look.
The chart speaks for itself. The extrapoled price comes from the "2018 miner capitulation" that caused the price to drop 50%. Will we go back to $3,800? Unlikely, but clearly this is possible if the capitulation is as aggressive as 2018. Notably the VPVR is supporting the price target of $3,800, as is the extrapolation, with forecasted price for the block halving...
It would be interesting considering Bitcoin broke down from a massive descending triangle recently. Maybe this is one giant bull flag, but I don't see why Hut 8 would rip to the upside & break resistance if the underlying asset is declining in price. Hut 8 has held up relatively well compared to other publicly traded Bitcoin & cryptocurrency miners. Even compared...
A quick analysis of what can happen with BTC. I saw a symmetrical triangle in the daily chart of BTC. Which will probably break out upwards due to the strong support around 9500. I think the price of btc will go sideways until the launch of Bakkt. When Bakkt launches without any obstacles there will be more demand for digital currenties, which will eventually...