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...
Top: $DMGGF Bottom: $GBTC Red horizontal line marks prior ATH in GBTC Blue vertical line marks the day GBTC closed above the prior ATH Pink vertical line marks the peak in DMGGF DMGGF moves later and peaks later, all gains occur within 4-5 days of GBTC making a new ATH, and a peak seems to occur when DMGGF has a big up day and GBTC trades sideways to...
DMGI after a big breakout and a big sell off it seems to be stablizing. I know a lot of people were hoping to see $4 again this week and I just don't see it happening. Downward pressure remains and price compression is needed for another breakout to happen.
DMGI I don't believe will be range bound now after BTC weekend weakness. Wait for a trend reversal in BTC and DMGI before buying back in, pretty strong downtrend happening right now. DMGI closing below the 50 and has two gaps below that it might try to fill.
Bullish Pennant (OTC) Pros: Descending volume during formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 5 250RSI above 50 200MA ascending Cons: OTC market Target: PT = 5.5157$ 1000 Followers! Thank you all! Thank you to those who donate Coins! Stay Humble, have fun, make money!
DMGI looks like it could be range bound until BTC sorts itself out.
Bullish Pennant Pros: Descending volume during formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 250RSI above 50 200MA ascending, barely Target: PT = 7.39$ 1000 Followers! Thank you all! Thank you to those who donate Coins! Stay Humble, have fun, make money!
Pretty significant gap down, may have some resistance at this level if crypto keeps selling off. You may want to take some profit if you haven't already.
DMGI is a rocket! smashed through both of my predicted resistance levels. I imagine as long as BTC stays strong so will this, if BTC does start to weaken this could fall as quick as it went up. Was asked yesterday how high this will go, if I could answer those questions I'd be rich. My next best guess for resistance will be the next angle above, with no reference...
just in moment to choose a side if the volume come back
Wanted to get advanced traders thoughts on this possible ascending triangle. It is setting on its 21 day moving average and also looks kind of like Bullish Flag Pennant. Looks like it is set to break out.
Yet another BITCOIN mining solution company which will rise with BITCOIN here is an article about it in vice: www.vice.com Cryptocurrency Miners Are Building Their Own Electricity Infrastructure Canadian company DMG Blockchain is expanding its mining operation in British Columbia with its own electrical substation
Today DMG Blockchain solutions climbed above its 50-day moving average line, a strong BULLISH signal. TradingView's technical analysis summary is BUY: www.tradingview.com According to the Wall Street Journal, this stock has a consensus analyst rating of BUY and a price target of $1.50: www.wsj.com The price target is more than 1,200% higher than the current...
Buy In: $0.06 - $0.09 range - 19/10/31 Target: $0.25 - 20/01/06