Taking a strategic look at my crypto portfolio today, and HIVE keeps catching my eye. This established miner offers some compelling reasons for a long-term position. Let's dive in:
Proven Track Record: HIVE has been around longer than many competitors, navigating the ups and downs of the crypto market. This experience translates to reliable operations and...
Had to take a position on this today! Sprott is the largest holder (with 165 million shares). This long-term chart looks very similiar to Jaguar Mining (another Sprott company) that has taken off. A reverse head and shoulders forming on the monthly chart. It could still bounce sideways to lower in the near-term. If so, I doubt it will be dramatic. Could be an easy...
There is a lot of power in this chart. I look fwd. to seeing if it can stay within this cup... and if so, how high?! Fundamentally, it's looking very strong!
In a strategic move to fortify its position in the competitive crypto mining industry, Canaan, ( NASDAQ:CAN ) a prominent mining rig manufacturer listed on Nasdaq, has successfully raised over $50 million through preferred shares financing. The company aims to utilize the funds to enhance its research and development capabilities, expand production scale, and...
For those into junior mining stocks, one of the best indicators of a bull run is the TSX Venture Exhange. Typically, when this chart bounces off oversold territory, it has led to strong bounces for most miners on this exchange and the overall mining sector.
A positive divergence is forming on the monthly. No guarantee it will hold up, but something to keep an eye...
Eurasia Mining - Exploring the Potential in the Stock Market: A Guide for Investors
Eurasia Mining: Navigating the Mines of Stock Market Investment
In the dynamic world of finance, the stock market stands as a beacon of potential returns, enticing investors with the promise of wealth. However, amidst this allure lies a labyrinth of risks, making informed...
ASX:S32
The chart for ASX:S32 shows a pattern of lower highs and lower lows.
This information is essential for investing and trading.
It is advisable to avoid focusing on this stock and instead focus on other options.
This will save you time and give you peace of mind.
#investing #avoid #trading #pwinvest $ASX:S32X:S32
NASDAQ:HIVE :: #usstock #dyor #nfa
Note 📌 it's ETHERIUM mining ⛏️ company
Holding #crypto stocks is high risk and may cause lose 100% ur liquid 💰
Phase 1 :: BUY ACCUMULATION -> $2.2-2.6
Phase 2 :: BUY ACCUMULATION -> $0.5-0.7
i don't think 💬 it will reach 2nd phase 📍
If that happens sign 🛑 no new high 📌
Will return to ur 1st phase 📍 later...
GDC has ran up over 400% after coming out of nowhere to ascend parabolically over
the past several trading days. Relative volume is about 5-10X the normal average volume
in the past months. Price action consolidated as the early buyers took their profits.
Consolidation is shown on the chart as a regression channel bounding the fade.
This pattern is...
The weaker dollar has led to prices for commodities climbing sharply and quality mining stocks generating substantial gains. This has occurred in the face of the Federal Reserve raising interest rates at the fastest pace in history. Rising rates normally strengthen the dollar and we did see a USD rally in the first half of 2022 when the Fed began raising rates....
if we can hold this it can become a new bottom/support if we fall below the range we may have significant downside.... with the way the market has been moving i am looking for support to hold
Look at the chart, we had a double top that didn't play out. That means that the price is going to the other direction so up. This is a gold and copper mining company. Both metals are ripping. I would buy a good position here and if it drops buy more. Is very unlikely to break down the strong support. BTW while you are holding, it pays you more the 4% yield...
Cleanspark is on pace to reach 10eh/s in the next 30-40 days. That is late july early august. They have the miners on site and racking. They also have the miners already purchased and being delivered to reach or possibly exceed 16eh/s by the end of the year. This is a miner that has been lagging against all others. As book value goes they are severely undervalued...
Slowly but surely, Agnico is devoting itself to the current downwards pressure. Despite the occasional counter movement, the share should soon reach and break through the support at $31.03. Thus, it should arrive in the yellow zone between $19.10 and $10.08 to complete wave (2) in yellow. As soon as this is done and dusted, Agnico can turn upwards again, climb...
The Fresnillo-bears can announce a first success: Finally, the share has arrived at the support at GBP 610! Next, our furry friends should push Fresnillo below this mark to gather further downward momentum. Then, the share should also pass the support at GBP 456.60 to develop wave C in turquoise. However, there still remains a 20% chance that Fresnillo could...
Fibonacci on stock and MACD fit here and wondering if anyone uses fib retracement. Looking to see metal stocks repeating themselves with Gold, Silver, Palladium, Rhodium hitting new highs while Nickel and Platinum getting ready for own run. Uranium repeat of 07-08 and 11-12...too?
Ever heard of the Barrick Bears? They are a great team, which should help to push our primary scenario for Barrick. Currently, they have to fight against a little bullish counter reaction, but soon they should drag the share below the support at $12.65 and into the yellow zone between $11.97 and $6.32. There, wave (2) in yellow should end and therefore a fresh...
This one is on the weekly. It may take a few months to play out. It could also break to the downside, what will determine which way the pattern breaks is if NASDAQ:SSNT closes the merger with Bitcoin miner, Rhodium.
