I have bought some position @1.84. This should have pretty good potential to reach $10 with this classic pattern in weekly candles. Unload half at 10$ and then decide yourself whether you want to sell the rest or hold until $50! Stop loss would be good at around 1.40 or below the line.
Disclaimer: This is not a trading/investing advice. Trade at your own risk as...
We have both a nice descending triangle bull flag and also an Adam and Eve pattern. We have already broke out and BTC is clearly moving up. This would be potentially a good cat and mouse move where this is lagging and chasing Bitcoin. Not financial advice. DYOR.
We have another Bitcoin miner with a nice descending triangle +oversold oscillators, and once again momentum to the upside. 1st target $3.60 and 2nd target is $5.30, Not financial advice, DYOR.
In the theme of this:
Notice how the last 2 times there has been a close above the 50 EMA there has been follow through to the upside. Whenever there was a prior close below the 50 after a close above there has also been follow through - only to the downside. This trade is therefore straightforward. Buy weakness on the shorter term timeframes such as 15 and...
ANY looks to be springging off an also support level that aligns with the 1.618 Fibonacci Extension of a Log Scale Bullish Shark while at the same time the RSI seems to be shifting it's momentum into the Bullish Control Zone; Hold these levels long Enough and it could rise up to the 50% Retrace up at around 2 dollars.
Some levels of interest that could be at play if a break of $.83 takes place here. This has been a big resistance spot for the last month or so. 50 day EMA is around the $2.50 area as well.
I may enter here with -50% stop loss with potential for 500-1000% in returns, couldn't ask for a better risk reward setup!
exact targets based off resistance areas are 2.90-4.53-6.54
$ANY Next Target PTs 58-180 and higher Timeline: Nov 2022
Long term Target PTs 900-1,300 and higher Timeline: Nov 2022 - Oct 2024
(Sphere 3D Secures Order for 60,000 BTC Antminers, One of the Largest Single Orders in Digital Mining Industry History- Elon is Board member)
Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. It also...
Sphere 3D Corp. (ANY) has a delal with NuMiner to buy 60,000 bitcoin mining machines for a total of 5.7 Exahash of computing power.
I know the issue, the pictures from NuMiner were not their own, but what is they indeed deliver the performance?
MARA Marathon Digital on the other hand is on-track to deploying 103,120 miners which will provide a combined output of...
What happens here in my opinion will depend on what happens next with Bitcoin.
Bitcoin has now been rejected twice at 45.5K.
If 45.5K gets taken out then it's possible for a run to 52K and ANY to see $4 or so.
I don't see the bitcoin chart staying anything but negative since it has broken down and more likely than not a retest of 20K is in the works.
A...
If the company values that equity at $3 that comes to around 133,333,333 new shares. I'm wondering where the $429 million down payment comes from as well? Shelf offering or private placement? 1.1 billion in vendor financing is a MONUMENTAL chunk of money to overcome for a small business entering uncharted waters. NuMiner Global is in the business of making...
If you look at each rally from trough to peak and the resulting correction you can see most pullbacks correct back down to the fib 1.618 retracement level. This move may continue to $4 who knows? It's good news, but I'm not convinced BTC has found a floor as it has now arrived at a critical point. ANY is oversold...yes it could continue higher. The question is...
Put it on your watchlist, supposedly they just made a deal that would be a massive game changer if true.
The NU 440 has 4.5-5x the hashing power with less energy usage compared with the top asic miner available.
Sphere 3D would be way ahead of the game if this is true. DYOR NFA
ANY stock has recently seen a bounce off the green support area.. if this play continues, take profit in the low 4's and hold some incase we can push to the 5 and 6 dollar area..
This could just be a short cover, but if there are enough bulls, we could see a decent push.
glta
