The BLOK ETF in a Type 2 HOP Return of the Local Bearish Crab has rammed into the PCZ of a Bearish 5-0 with RSI Bearish Divergence and now seems to be prepared to go for a lower low which would align with Bearish reversals in MSTR, COIN and other similar stocks such as CLSK and MARA.
BLOK is an ETF aimed at holding many Crypto and Blockchain related stocks, some of its top holdings include COIN, MSTR, MARA, RIOT, and SBI Holdings. There was a time in late 2021 where it had topped out at the PCZ of a Bearish Gartley/Bat confluence zone depending on how you plotted it and it has since gone down over 66%, however in recent months, we've seen the...
It is an actively managed ETF that seeks to provide total return by investing at least 80% of its net assets in equity securities of companies actively engaged in the development and utilization of "transformative data-sharing technologies."
BLOK is an ETF that includes MSTR, & miners like MARA & RIOT which have also risen recently specially MSTR.
This meaningful bounce at an important support zone suggest a shortterm low & probably a reversal. However, considering the damage, it will take quite a while to repair this chart before any hope of getting back to major resistances.
My case for a reversal...
BLOK after completing a big M-pattern is consolidating inside a DARVAS box. The bottom of this box
brings us back to Dec2020 right before the launch of the big rally to ATH, which offers an attractive buy point with very low risk to reward ratio provided a cutloss is in place.
Bouncing from the bottom will see BO of box to reach the various TPs indicated on the...
The fund is an actively managed ETF that seeks to provide total return by investing in the equity securities of companies actively engaged in the development and utilization of transformative data-sharing technologies.
The fund is an actively managed ETF actively engaged in the development and utilization of transformative data-sharing technologies. It may invest in non-U.S. equity securities, including certificates of deposit.
This ETF holds a lot of crypto related stocks that i am not very optimistic on and it's at the PCZ of a Bearish Gartley i'd say it's perfect for buying some monthly EOY expiry puts on tomorrow.
BLOK is an actively managed ETF that seeks to provide total return by investing at least 80% of its net assets in equity securities of companies actively involved in the development and utilization of blockchain technologies.
These are the next Crypto Related Stocks that just cleared the Green cloud with the cloud moving up. OSTK the cloud is diminishing but I think it has room to go up still. Other than that on all of these I would look for a pull back to atleast half of the last Green candle move over the last 24 hours. Then find a place to get in once it closes Green going...
It is an actively managed ETF that seeks to provide a total return by investing at least 80% of its net assets (including investment loans) in the equity securities of companies actively engaged in the development and utilization of transformational data sharing technologies.
Actively investing in the development and utilization of blockchain technologies is a...
An extract from today's Active Trading Plan.
BLOK is an actively managed ETF that seeks to provide total return by investing at least 80% of its net assets in equity securities of companies actively involved in the development and utilization of blockchain technologies.
- The ETF is looking to reclaim support as it’s above it’s current pivot.
- Off the highs...
$BLOK #Blockchain ETF 🚀
3-Day Chart Setup (for Positional trading/longer timeframe investing).
In Accumulation phase b4 the next leg UP.
For long term investors who like exposure to growth in this sector without picking #Winning #Stocks, #BLOK ETF provides the easy option!
I use the BLOK ETF to invest in crypto assets such as Microstrategy and blockchain tech. After breaking down as it has in the past (along with Bitcoin) we are again approaching this upward trend line and will need to push through strong or re-test. In the past we pushed through strongly - which is more likely the scenario in the short term.
Not investment advice....
Chart shows the progress including breakout and retest of triangle. This is an ETF that includes bitcoin miners and other blockchain related businesses.
Wow, I can finally invest in Crypto and have someone else watch all the charts daily.
The Amplify Transformational Data Sharing ETF is one of a handful of funds that invests in businesses involved in blockchain, the technology behind cryptocurrencies like Bitcoin.
You trade it like stocks and requires no digital wallet.
I think the boomers might jump on this ~
