Newmont is flirting quite heavily with our alternative scenario, moving closer and closer to the support at $37.45. By now, it is touching the upper edge of the yellow zone between $42.50 and $23.41, on the verge of slumping deeper. There is a 40% chance that the course might do so, dropping below the support at $37.45 to develop wave alt.(2) in yellow earlier...
SSW Update The M formation formed nicely, broke below the neckline. The price is coming down as the supply increases and the momentum is still down. 7<21<200 RSI<30 Target remains at R35.77 ABOUT Sibanye-Stillwater (founded in 2013) is a mining company based in Johannesburg, South Africa, that specializes in precious metals extraction. As a spinoff from...
I have had a pretty large position in RIO and BHP since end of July 2022, I bought expecting the market to recover and for copper/iron demand to jump from the re-opening of China and the rest of the world. These positions have given me quite the return with their pretty high yields. Having said this, we can see that the steam from the market's comeback has...
Since the end of wave B in turquoise, Fresnillo has been continually getting down for business. And the share should keep going as we expect it to march below both the supports at GBP 610 and at GBP 456.60. There is a 35% chance, though, that the course could turn upwards and climb above the resistance at GBP 997 instead. In that case, Fresnillo should enter the...
Like Bitcoin when it was at $1100 the rise of miners and amazing demand for mining rigs led to the depression of price back to $200 as big and small miners cashed in FREE COiNS from simply running a PC or FARM 24/7 -- so do AXiE armies cashing in hoarded SLPS together by early PLAYERS
Bitcoin just printed a shooting star like 6 months ago, which is a reversal candlestick. Also, we got a bearish divergence on RSI, this could finally lead to a retracement down to 100EMA. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (7.0X) Amount: 6.8% Current Price: 23776.0 Entry Zone: 23809.5 -...
Even though the chart looks like it's forming a H&S top, I think the next move is likely to be higher before we see a breakdown. I could see $MARA bouncing somewhere between here and $6.80-6.60, then putting in one more move higher to the two resistances above. Let's see if it plays out this week.
Proposal to buy Newcrest Mining would mark biggest U.S. merger to date in 2023 Denver-based gold miner Newmont Corp. (NEM) said it proposed a $17 billion all-stock buyout of rival Newcrest Mining, Australia's largest gold producer, in a deal that would mark this year's biggest U.S. merger. The deal would significantly close the supply gap between Newmont, the...
Litecoin is approaching overbought territory and seems likely to be rejected on 200MA. ⚡️⚡️ #LTC/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (2.0X) Amount: 10.1% Current Price: 81.93 Entry Targets: 1) 83.61 Take-Profit Targets: 1) 65.01 Stop Targets: 1) 96.04 Published By: @Zblaba Risk/Reward= 1:1.5 Expected Profit=...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for LTC. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Litecoin regained 200MA Daily support and seems ready to head back up towards 100EMA. ⚡️⚡️ #LTC/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Long) Leverage: Isolated (1X) Amount: 9.1% Current Price: 62.63 Entry Zone: 61.18 - 54.30 Take-Profit Targets: 1) 72.98 2) 84.46 3) 95.93 Stop Targets: 1) 44.99 Published By:...
I mine FLUX and hav been trading it now a few weeks - MM's been bouncing at the .786 but very good pamps that have until now or whenever basically fully retraced .. until It doesn't which is going to happen ,, could use moar volume but tradeable for sure
Monero has pulled back to 100EMA resistance where a rejection would make sense. ⚡️⚡️ #XMR/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.0X) Amount: 5.9% Current Price: 149.70 Entry Zone: 149.65 - 157.95 Take-Profit Targets: 1) 133.15 2) 117.65 3) 102.10 Stop Targets: 1) 171.05 Published By:...
TRX Gold Corporation has long been suppressed along with other junior miners. As anyone who has invested in junior miners over the years knows, the bear markets in junior mining stocks are often brutal, with 80-90% drawdowns. When the bear market ends, however, the asset price has been so suppressed that it can easily spike 1000% or more, as the valuations...
I've been holding this one since a few months back, it wasn't doing anything interesting until now. Uranium and other commodities are in high demand, and will be in 2023 too. Price has formed this triangle since April and closed the last week with an engulfing candle in the weekly timeframe. Is very close to breakout, you can open a small position and add after...
BingX’s Bitcoin Chart Bitcoin has been on a downward trend since it fell from $69,000 to the present without a decent rally. Bitcoin is currently in a low volatility range for a long time, and has yet to see a major upward or downward trend. If BTC can pull back $18, 500, then there is a reasonable chance that the decline will be reversed and a choppy climb...
BITF similary to other bitcoin mining stocks has been in a downtrend since 2021. Bitfarms Ltd., founded in 2017 and is one of the top Bitcoin Mining Companies. The price is approaching our buy zone. We expect one more drop to retest lows from 2020 and next the accumulation phase before the explosive move up. RSI on weekly is already pretty oversold but taking...
There a strong probability that the price can break lows $0.28 lows. But buying at these prices unleveraged is still great opportunity. In terms of sentiment on financial blogs and social media, most are wholeheartedly predicting the future demise of this stock. Personally, this exact same mentality surrounding this stock at its highs in terms of how they somehow...