However, high correlation to BTCUSD. That said, Bitcoin also looks poised for a move up through $66k and then $72k soon. I am long shares.
Could be setting a large W patter here. EBON is chaos. I accumulate low then sell calls when it booms and buy back the calls for less money to scalp a few hundred dollars, here and there.
MACD , RSI all looking great. We have a HH and LL. BTC has a nasty impact on EBON, so mind BTC. For this to continue to rise, BTC must be healthy bullish. EBON, assuming BTC to hold, might pop and try to reach it's competitor RIOT Blockchain , trading at 63$/share Bands suggest a break out of upper range. Holding momentum above 14$ can confirm a bullish momentum.
My last post said Ebang be ready at 15. Yes we made it, then this brutal drop to 5, which I am sure has burned many many small investors. In fact I am sure, big playas were shorting everything to make profits. Now we can HOPE, and if everything is calm down, we can go to at leat 9, according to this chart, in the short term. I don't know when can we see FOMO again...
I believe if we continue to see BTC run up over this weekend we will ALSO see a jump in EBON come Monday 3/15
Ebang International to Commence Beta Testing on March 15, 2021 and Launch Cryptocurrency Exchange by the End of March 2021 Our upcoming cryptocurrency exchange will accelerate the Company's development in the financial technology industry. In addition to establishing a digital asset financial service platform, the Company will also explore other business...
EBON pops on +500% volume average. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt...
30 percent run up today way over bought and is due for another retracement.
Pls see chart for overly optimistic scenario.
NASDAQ:EBON Possible Scenario: LONG Evidence: Price Action TP1 ~10 This is my idea and could be wrong 100%,
Here we have a gorgeous cup and handle formation from $Ebon.
$EBON is a crypto related stock that hasn't gone parabolic yet, my main interest here is the expanding channel, seeing the first 2 advances, I am confident a 3rd will occur. The potential 3rd peak is equal distance between the first and second, so each parabolic top is 31 trading days apart, which puts the stock around $20 by the end of March 2021. I also think...
$EBON, as blockchain stocks (mara, riot, sos) are seeing decent movement with Bitcoins push this past weekend, Ebon seems to be lagging behind, trending in a nice channel up. at the bottom of the channel here with lots of upside to run. Good point to long here with shares or get leaps (options premiums are cheap now and not jacked up). Watching for reversal as we...
Ebang International Holdings Inc NASDAQ: EBONDATE: 02/25/2021 EBANG International Holdings Inc. is a relatively lesser-known company in the realm of crypto. Sitting at an 1.02B market cap and share price of $7.36 USD, it is not nearly the smallest player, however when compared to MARA and RIOT with respective 3.53B and 3.14B it is clearly undervalued. What does...