Vancouver cryptocurrency mining company DMG Blockchain Solutions Inc. has raised new capital with the recent announcement of a completion of a $28 million funding round. The financing will help DMG establish its bitcoin mining and mining-as-a-service operations within the newly emergent field of blockchain tech. Led by investment dealers Canaccord Genuity Corp....
This market is filled with unsophisticated traders, with people who are way over leveraged. When this thing starts to really tank, people are going to start looking at their life savings and panic. Too many coins now. Before we only had ether and litecoin, now we have thousands. People will start to worry that bitcoin is just a prototype and lose faith the...
All converging. Volume and activity dry up, if you see some nice volume in the premarket, could turn into a nice bounce in the open. These are all like, the "blue chips" of bitcoin stocks, the originals with the most volume.
They put out these fake asks a few days ago for 2.50 in the premarket open, then bought them, only 100 share lots. Such a blatant attempt to pump the price up so they could dump shares. Recently put out a blockchain press release. You can see the rabid selling that happened that day. Company is way over leveraged and too many shares. A sure thing
This stock was pumped up due to "Blockchain" in it's name. It could retrace to the .786 if it cannot break above the .618. Expecting it to stay with the green on the Gann Fan (1/3) . It has weak institutional support and poor earnings and revenue. This is a highly speculative stock that's betting on the success of the Blockchain in it's name. If it is...
No analysis whatsoever needed. It has the name blockchain and hasn't taken off yet. Plus, all the restricted shares have a mandatory hold period until April. Float is only 19 million. ......................................................... ................on a side note, it is also a data and cyber security company
Lots of consolidation in BTC recently, this allowed for technical to settle as well. MACD has now crossed, potential for inverse H&S patter and near term tgt of 16K. I like blockchains as a trade her and grabbed some $TEUM (2.38)and small position in others.
Bitcoins are starting to show life again. BTSC hits a double bottom and reverses is my guess. Set a limit order to BUY BTSC a few cents above the previous low.
TEUM is now pegged to the price of bitcoin. When Bitcoin spikes, TEUM will spike too. A pull back should be expected though as of now. If it increases, after a pullback, add on big volume day, preferable when the price of bitcoin strengthens
I see MARA forming a bull flag. I expect it to be supported by the 34sma so I don't expect a dip back down to the lower trend line. Possible upside +34% set stop for possible loss of 5%. Good risk reward. I can see it going to $7.80 from here. Blockchain is a hot sector right now. You might get this move all in one day.
Chart looks pretty bad here. Loot it up elsewhere for a better idea on how it looks. The dynamic resistance is actually closer to the price. I do not recommend to hold that position for too long. NASDAQ : RIOT
RIOT has broken out of a descending triangle after consolidating for a few sessions. RSI has broken out of a downtrend as well. MACD crossover is bullish. Bitcoin prices providing a tailwind. PT $9