Or maybe a bear flag / bull flag. Keep in mind that looking for bull patterns in a short term bearish trend with the backing of the federal reserve is not an easy task. Also, in one of my previous posts I spoke about the CME futures that have launched on Ethereum that are similar to the ones launched in late 2017 for Bitcoin, and we all seen what happened...
Maybe a bull flag or ascending triangle as well. It looks like they're trading above the 200 Day MA, which is bullish for the stock in determining the direction of the trend at times.
It appears as though TNY has broken out of a descending triangle & through some short term resistance that's been holding the sp down since September 25th. It would be nice to see Tny form a support at the 50c level & not drop below it. Also, TNY is trading above the MA (9,close) which is bullish. We just need to get the fuck back up to that 200 Day MA. That...
It appears as though Bitcoin is trading in a ascending triangle "highlighted via green." Time will tell per usual.
It would be interesting considering Bitcoin broke down from a massive descending triangle recently. Maybe this is one giant bull flag, but I don't see why Hut 8 would rip to the upside & break resistance if the underlying asset is declining in price. Hut 8 has held up relatively well compared to other publicly traded Bitcoin & cryptocurrency miners. Even compared...
Is that a Ascending Triangle? Check out the rsi as well, it appears as a symmetrical triangle. idk? Fucking repo lol.
Maybe a symmetrical triangle / bullish pennant formation will take shape over the next months & years to come? Eom.
It appears as though tny may be trading in a ascending triangle. It's clearly noticable on the rsi as well. The 30-45 day estimated time frame for Tinley's two canadian LP's is fast approaching. Sunday would be 30 days from the previous news release. A Friday or Monday news release would be likely & timely for some sort of announcement in regards to this topic....
It's strange to see such volatility in Bitcoin, Dash & Ethereum while the publicly traded companies mining these assets are unchanged today. Anyway, it appears as though Neptune Dash has been making higher lows on a macro level, see where I have the green flags. It's yet to be determined if this level will hold, but so far so good. I have an umbrella to...
RSI is trading in what seems like a ascending triangle as well. Interesting.
It looks like Tinley is holding strong, tough times don't last but tough people do!
This is the same chart as my previous, just zoomed out on a 1 year time frame to give a better Macro picture. What appeared to be a descending triangle on a smaller time frame in the chart linked to this post, still visible on the 1 year chart as well, was exactly that. Now it appears TNY is getting ready to break through this "potential" Ascending Triangle &...
Or a descending triangle. One thing to keep in mind everyone, the CME Group, one of the world’s largest financial exchanges, is prepping to launch a product for Ethereum, if I'm not mistaken they already launched. For those unaware, the CME is a Chicago-based institution that famously launched Bitcoin futures near the peak of 2017’s boom. Recently they've...
Funny how there's going to be "repo" or "QE" until Oct 10th? Anyway, it's ironic how Jamie Dimon called Bitcoin a fraud, meanwhile 2 or 3 of his employees have just been charged under the RICO by the DOJ! Penalty total since 2000: $34,478,944,885! The roughly 52 Billion they just received during this repo is nearly 22% the market cap of JPM, and what is that...