#Anglogold is cooling down, after long rally? It may pull back
BTC Miner Revenue can be an excellent indicator, showing long term market bottoms, which usually take place in the vicinity of the prior bull market tops. Idea: Tone Vays
The price of Ethereum has been oppressed since the beginning of this year, miners would be selling at a loss against the electricity costs per $/kwh right now and i'm sure they're not liking this. I believe this $ETH dump will recuperate very soon to 150$-ish, then eventually to 200$ with the extra tax-return income of young employees' salaries that feel like...
For this one I have highlighted 2 buy zones which are -20% from where we are, we have a shooting star candle today at the 61.8 of the high and low of the bullish falling wedge we are currently in RSI and MACD continue to move upwards even though right now we have broken outside of this wedge the volume was subideal and we have room to pull back here. Target is...
So, are you ready for this beauty ? I am aware of filbfilb's economics of Bitcoin cycles, a very famous and thorough analysis of how the halving influences the Bitcoin price as a function of miner's anticipation of their revenue cut in half for the same cost of production. However, I disagree with the premises and the $6400 miner bottom. Miners are not the...
This gold miner is picking up momentum. Very speculative and high risk but returns from a potential P&D are enormous.
The current plateau in Hash Rate growth is most unusual for Bitcoin. The Hash Ribbons 1 month and 2 month moving averages have never been this close - for so long - except during a capitulation event. We can measure the relative "growth" of the current month Hash Rate (HR) to the prior 2 months as: Growth = (1m HR - 2m HR)/(1m HR) In November 2019, "Growth" has...
JNUG looks to remain strong for next 24 months
Continue to Test Daily Model - Gold Peak Strongly Set 4 Sept2021
JNUG's 34 cross' over 340 - 1st time since April 2016 - BULLISH
HL / Hecla is worth $3.50/share (Weekly 340, 204 & 500 Hull)
A big fall this week. Broke through weekly 50 EMA and heading towards its 200 EMA. Will it break that and head into a downtrend?
Markets are correlated. US equities have been staving off another major decline for the last few months, and conversely, precious metals--although impacted by a rising dollar--remain long-term bullish. We can see a nice wedge-type formation here of bullish implications. It's full target is about 40% above current prices, but then full targets are not necessarily...