Guard Dog tweeted over the 4 day weekend that updates would be coming this week. The company has been hard at work getting the Bitcoin hard storage store up as well as a crowd funding campaign for its Crypto mining business. The techs show a steady sideways trend that should break to the upside as Bitcoin continues its rally past 15K within the next month. Below...
Refer to graph for thoughts
This is a risky one, dream big, play small, but it's an interesting concept. I guess I see opportunity where others see a dead horse. Supply is 21 million, the RSI doesn't match up neatly but every time it drops into oversold, especially in a cluster of 3, price eventually has a nice pop. Just be Patient. Looking at February or even next summer for a target....
The Zebralligator is currently long. Momentum is strong coming out of a dip with very high volume. Looks like an incredible trade opportunity is presenting itself.
Acutally, so many outside influences make it difficult to predict which way the price of Bitcoin will go. Bulls and bears keep the price well in a balance and it remains inside a narrow bandwidth with very low volumes. Let us try to see the whole picture. I list here the main fundamentals and present a chart, which shows the partly interfering trends and signals....
A new, bigger bullish triangle pattern developed over the last few weeks. We can expect an outbreak on the upper side end of this week or beginning of next week. Until then, only small price moves within the triangle pattern will happen. An outbreak on the upper side will open new targets at 22500 and 24000. However, we shall not forget that the US-government and...
Newmont Mining, “Newmont”, is one of the world’s largest gold mining company by Market Capitalization with operations in the United States, Australia, Peru, Ghana and Suriname. On average, over the past 7 years, the company has contributed to 3.58% of the world’s supply of gold (based on World Gold Council figures). Compared to its strongest competition, Barrick...
Kept it simple with this analysis. Last few candles for AZ were bullish, and we saw it pop up on Friday. I am confident it will at least get to 3.30, its resistance level. RSI indicates bulls gaining momentum. However, I also feel like it might break past its resistance level this time as it has reversed at its lower bollinger band with a strong bullish signal twice now.
my idea here is that as bitcoin might have a last run up AMD will also experience a smaller % bounce back and as bitcoin might start to consolidate for a while with still a lot of relative short term outlook over the next year amd might jump on the bandwagon; or also for other reason might be a huge winner in 2018. just some thoughts though, let me know what you think
Over the last few months Global Blockchain Technologies Corp broke out of its long price action slump with the announcement of a name change (...LOL...). Now they have announced involvement in crypto mining. Coupled with the fact that institutional investors are super yield hungry in an environment with prolifically low return on capital rates - even negative with...
correction wave still active set buy order for fibs resistance //stop loss under 5,5k target as shown well see what market speak
Good Risk/Reward...
www.coindesk.com Ethereum plans to upgrade its proof of work dramatically lowering the profits for GPU miners. I feel that much of Ethereums strength came from its well distributed mining algo and now we will see a huge movement not only of hashpower but also funds to other GPU minable coins. Remember the key to Crypto is Hashpower, Crypto cannot be separated from...
MGTI is the largest miner of bitcoin in the U.S. but only a portion of their total rig count is up and running. MGTI will have 4700 mining rigs Q1 2018 with approximately 3500 up and running early January. Chart indicators: 1) Massive Cup+Handle Formation 2) Triple Bottom 3) Falling wedge / Handle 4) Q3 earnings come out Nov 9 (likely after hours). The earnings...