Here we go. Hive is off to the races in a long term uptrend next 50-100 week price target of 2.55. Fib channel will Show you the way. Does does this mean for crypto’s? Ethereum and xrp are the future of currency imho. Which means hive will be making bank. Happy trading.
Nearing an election the fed will keep the dollar suppressed to keep the market supported. But I expect a v shape recovery in the dollar before the dollar crash. Brent Johnson’s milkshake theory makes sense and will play out when credit comes back online after the election.
Watch the crypto space during the fed announcement. More easy money coming which should explode gold silver and crypto’s. .85-1.00 price target 3-6 months for hive if bitcoin and ethereum keep up this rally.
A bit late here. We were talking about this trade in our chatroom forgot to post it. We have been watch this break out forming since .88 cents we called the breakout at 1.05 and we called the 1.35 bounce. We are long li currently
Boc is increasing money supply and exploding their balance sheet. Banks benefit the most from this money supply. They filled the gap Friday and most likely to rally to 115. Going to
Buy some cm calls 115 expiration in September.
I have been stacking silver for about a year now. I believe the Canadian dollar will fall to new lows as the debt climbs and our gdp shrinks. Silver is now the rarest metal in the world due to the costs to mine it are greater than to mine it. Central banks may try to print their way out of this and that is what I expect. I have 1000 dollar price target on silver...
I made a small bet today rti would fill the gap at .25 bought 50,000 shares at .18. The dillution news was nothing rti is a simple easy business and the cash will go along way. Acb gapped up 30 percent so hopefully rti follows. I don’t intend to hold these shares longer than a couple days
The usd is strong and money velocity is at its lowest ever. The cad will get destroyed in the matter of weeks. I’m Bullish the usd for multiple reasons. Canadians need to get out of dollars move into gold silver and the usd of haven’t yet.