BLK had a run up ahead of its earnings report and then had a mild profit-taking day before the release. Volume is increasing as it reaches a stronger resistance level on today's earnings report reaction. Blackrock is the largest Derivatives Developer of Exchange Traded Products for the stock market. ETFs are its specialty.
$BLK Missed on earnings and revenue estimates yesterday. Technically the stock looks to be in a clear downtrend since peaking in January 2018. Will be looking for a weekly close this week at or below the 200d ema line - approximately $412. Targeting $340-$350 range by mid to late March.
Also of note, some bearish options activity this morning after the earnings...
Based on their website data:
-Blackcoin was the first coin to go full proof of stake.
-It is also the worlds first coin to have working smart contracts.
-In early 2014 Blackcoin was the first coin to combine POS with a multipool. It was so powerful it was nicknamed the "Blackhole".
THE ANNUAL INFLATION OF BLACKCOIN
It is a fixed amount of BLK due to static...
BlackCoin formed a strong bottom near $0.12 area, which has been rejected at least three times. After the final bounce, occurred on the 13th of July, price started to move up, breaking above the uptrend trendline and then under the heavy volume broke above the 200 Moving Average.
Seems that strong upside momentum has been established and the corrective wave up...
The next candidate for the bittrex trading platform is Blackcoin BLK
In the H4 timeframe, we find that there is still a lower EP than the current area to create a good bottom for the slight gain in this area.
The big bottom for the BLK is about 500 sts, so put SL for each of your transactions
EP 1: 1524
Wish you successful...
This is a low volume coin that has good 1 D MACD signs - fantastic 1 W MACD signs
In addition if we follow historical analysis, this coin performed fantastically in the prior month and with recent breakout confirmation we can expect profits within the blue rectangle
INVEST ONLY WHAT YOU CAN AFFORD TO LOSE
Following the previous idea on BlackCoin, it has proved it worthy, while it broke above the strong resistance area between $0.35-0.4 and went above our upside target that was at $0.95.
Currently, BLK/USD corrected back to the previous resistance area: $0.35-0.4 which has been rejected together with the 4/1 Gann Fan trendline. The uptrend is likely to continue,...
Blackrock Inc. clear longer bias with new weekly demand levels being created. Price has not pulled corrected for months hence no retracement to buy setups at weekly demand imbalances created around 526, 481 and 424 price areas respectively. Long term long bias at weekly and monthly demand zones with new demand imbalances being created and respected.
BlackCoin rejected the 227.2% Fibonacci support applied to the corrective wave after the 200 Moving Average was broken. After bouncing off the 1.9k satoshi support, today it went above the minor resistance at 2.5k satoshi and very likely to continue the correctional move up.
First resistance is at 61.8% Fibs retracement level, that is 5.7k satoshi. Break above...