Sphere 3D Corp. (ANY) deal for rights to bitcoin mining agreements of 60,000 new bitcoin mining machines for a total of 5.7 Exahash of computing power.
Marathon is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day.
MARA mk cap is 4.34Bil vs ANY Market Cap 464Mil.
This is a very asymmetric trade setup with nearly blue skies to 100 if it can catch some momentum in the coming sessions.
We also have a nice little fractal that shows us the path upward, should we break 49.
I would not front-run this one and would wait for 50+ daily close before a serious entry. With this level of confirmation in pocket, I'll be taking a rather...
in case you missed my clsk, any, sprt, ncty calls 👇
sos is moving their operations to the usa,
>high demand by memers
>short squeeze pending.
my upside target is $35
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.
Uranium will be entering a breakout over the coming years.
Demand for energy will skyrocket as problems began to surface in current infrastructure.
The technology has advanced by leaps and bounds. Going Nuclear will continue to be the narrative driving Uranium demand and mining companies.
See you in the future of energy.
looking back over 2021 the share price of this royalty company has done it all. We have seen a sell-off that culminated in massive volume (for this company) putting in a base. We then carved out a trading range before catching a bid to new 52 week highs. The recent breakout was welcomed, but the pullback to previous resistance on low volume, which is now acting as...
I created this Picture in my Technical Ananlysis class I did for friends. I created the Flat Bottom run up tool for a good support trend line up and exit. I love how this tool gives perfect exits as you see. I figured there would be no volume at that level and was due for a correction so I created a Triangle Drop pattern for the retrace. This gives me a...
20% gap between BTCUSD nav performance and MARA. I believe that gap will close.
So she's looking fine as hell, a beaut.
Partnership with Beowolf should yield a 38% decline in electricity/power costs.
I believe MARA is going to be the winner out of the pack of bitcoin miners because they have been reinvesting in efficiency and growth heavily.
1. Head and Shoulders pattern
2. MA's + PA show a bottoming pattern
3. China will devalue the Yuan (Remnimbi)
4. Dollar $DXY will go over 106
5. Gold $XAUUSD will go below $1,500 oz.
6. Silvere $XAGUSD will go below $15 oz.
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!
Technically this share price is making higher swing highs and higher swing lows, within a descending channel. Descending channels tend to break in the opposite direction of travel.
What is required is a breakout and retest of the upper bound of the channel, so investors know where the next level of support lays.
Unique, defensible intellectual...
Consolidation periods closing out and were on a little run since the 50M HELM news.
14.5 million tonnes of proven reserves Tuskeg project to last the next 50 years at a median price of $500/tonne would yield $7.25B this thing is primed so well its going to BLOW at any time. Been accumulating shares of the past year and with recent news released there's lots on...
MARA 10.37 ExaHash vs ANY 6.4 Exahash in 2022.
MARA Market Cap 4.325B vs ANY Market Cap 201.94M
10X potential in 2022 if they don`t keep diluting their shares to buy more miners.
Next week`s target: 8.9usd resistance.
These two ETFs are of some interest as they have been beaten down rather hard of late. More downside risk prevail, but just markign out the potential buy zones to look out for over the next few weeks.
Let us see how this pans out...