Though the price has recovered a bit, we are still far away from announcing the end of the correction. In contrary, there is plenty of room left on the downside. In total, we expect the course to drop below $13.01.
Just listed few weeks ago on Binance. Conflux is a great Mineable coin, when ETH will switch to POS, those coins in POW will jump. Dyor more about it. the fees to send CFX are ridiculously cheap.
Conflux is a public, permissionless blockchain bridging Asian and Western communities and economies, to enable the secure flow of assets and data across borders,...
First of all, thank you for your positive Feedback on our first post in terms of XAUUSD (Gold). My second analysis will be about BTC .
BTC is on everyones lips. But I think that the hype about the avoidable bull run will pass.
Technically, BTC doesn't look good at all. The price reacted exactly between the 50% and 60% Fibonacci levels as I...
The Newmont stock has reached an important mark within the chart, and we are waiting for the stock to turn around. If we stay above $54.18, we continue to expect the price to crush through the resistance at $75.31 and proceed to tackle prices above $90. However, a 45% chance of falling below $54.18 remains, which would lead to further declines.
Go Bulls, Go!
So on Gold stocks we are definitely gonna profit from inflation. But there are several factors which influence the amount of time and price range we can accumulate over.
1 short term scenario we bounce now
2 mid range we go down to 15$
3 longer term shit because fed pulls of a rate hike = 5$ entry when we reach the lowest depression.
Lets see what goes down.
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been analyzing sustainable energy tyrant $CLSK for the...
Bitcoin Elliott Waves plan update.
So Bitcoin strugling to hold and fall down towards 30-ish zone as the possible end of sharp-ABC correction of current cycle (still there is chances for 27-ish).
Possible growth of Bitcoin to new ATH on the radar and might take a few days to develop the bottom before take off.
Despite recent China mining crackdown there is...
JSE:GFI is showing some signs of a change in momentum. We have been in a downswing since June this year and I think we could potentially see a move upward. It is currently bouncing off of a strong support level and if not a complete reversal, I think we could at least see a retracement upwards before continuing downwards. I will wait for the two EMA's to cross in...
BitFarms is a Bitcoin mining company that IPO on the Nasdaq this past year. They have 5 different plants all located in Canada. One thing to note is their use of clean energy, which has been a heavy conversation for quite some time. For comparison RIOT and MARA were around this sub 10$ range about a year ago. Now both trade around 30-40 with highs near the 60s....
There is still plenty of room on the downside for the Newmont stock and we expect it to use it to the fullest. The next big step is the breaching of the support line at $54.18, however the stock should not fall below $46.07. If it does so: RUN FOREST, RUN!
The recent drop in iron ore prices has seen the major mining companies being beaten down, the selling has now reached panic proportions and of all the big miners Fortescue has faired the worst. While I am not saying this is a good time to buy, as iron ore prices still have fundamental head winds to contend with and the prices can certainly move much lower before...
$ANY finding strength. News was out today
1. Seeking Alpha article with a $45 price target
2. The first batch of its 7,200 BTC miners are now live.
An alert is set for 7.67 We want to see a retest and a strong solid candle close above this level for a possible brake out play.