These BTC miners all look horrible. I don't know how anyone is convinced we're going higher here. If we look at the chart on the 3D, you can see that we've formed a lower high and price is rejecting the cloud. Should price get under $20.19, it would be extremely bearish as there is very little support below that level. I think price likely falls from here down...
This idea needed updating Same idea and thesis but a new right shoulder has presented itself and now we have a horizontal neckline beautiful! Please smash the like if you like where this stock could go
Marathon Digital Holdings ( NASDAQ:MARA ), a global leader in leveraging digital asset compute to support energy transformation, reported its financial and operational results for the first quarter that ended March 31, 2024. The company saw an increase in energized hash rate by 142% to 27.8 EH/s in Q1 2024 from 11.5 EH/s in Q1 2023. The company produced 2,811 ...
CLSK had a rejection at $19.91. I would be concerned for a significant pullback to around $10. I would want to see more bullishness into the $19.91 resistance level before considering any longs. CLSK and other crypto-related stocks will be impacted by Bitcoin's price action. Bitcoin is showing some bearishness and concerns for a drop so I'm personally not...
HUT 8 - NASDAQ:HUT EARNINGS RELEASE: This Thursday 17th August 2023 👀 ⚠️The last 3 quarterly earning reports have had consistent 10% or more reduction to revenues . o Hut 8 is one of North America's largest innovation-focused digital asset mining pioneers and high performance computing infrastructure provider. o Hut 8 has one of the highest capacity...
if we can hold this it can become a new bottom/support if we fall below the range we may have significant downside.... with the way the market has been moving i am looking for support to hold
Cleanspark is on pace to reach 10eh/s in the next 30-40 days. That is late july early august. They have the miners on site and racking. They also have the miners already purchased and being delivered to reach or possibly exceed 16eh/s by the end of the year. This is a miner that has been lagging against all others. As book value goes they are severely undervalued...
This is the one miner that has lagged against all others and I believe it's time is coming. Chart looks good momentum is behind it. During June 2023 SDIG energized the 2,000 Avalon 1346 mining rigs. They have a goal getting to 4eh/s by the third quarter of 2023. SDIG is extremally small compared to competition and considering it has revenue above its marketcap.
Hut 8 does more than min bitcoin but DYOR on that they are another promising company currently 2.00 is not a sustainable support area so for options im not sure 1.50 my not get tested and 2.00 may not break so.... input is welcome
What will the dollar do? We cannot ignore global economic events' impact on the markets. One such event is the movement of the DXY stock index, also known as the US Dollar Index, which tracks the value of the US dollar against a basket of major currencies. The index is used as a benchmark for global currency markets and as an indicator of investor sentiment...
- If a BLACK SWAN EVENT comes in then we could see £12-15k BTC, if not then we could reach £30k by mid this year!
looks like a massive triangle correction that has been nothing more than a series of 3 waves up and 3 wave down on the weekly. I wouldn't doubt if we make 3 wave up to test that top TL of the triangle around $8 before dropping into 3 more waves down to bounce off the bottom once more. Then maybe larger HTF breakout into 2023.
#Bitcoin mining is the only proven method for creating a digital asset that is property rather than a security. This makes it the ethical foundation of the #crypto economy.
look at the oversold chart pattern! ANY looks ready to bounce from the strong support! The price of ANY should be 13.50usd on April 11! Looking forward to read your opinion about this.
Looks to have bottomed IMO, can recover here. I been buying every time we get to .22c broke down, but I think it is a fake down.
looks like ABC up in coming on the daily TF. after that we can re-analyze.
MARA still working out the recovery after that big bull push to my target of $75. I did say $75 will slow down the bulls MOMO and it surely did. Now bulls must keep flipping support into resistance and create Higher lows to move the trend back up
Looking to recover on the daily, ABC down likely complete along side a BTC & ETH recovery in the making I think MARA grinds higher towards my HTF target $100 plus EOY - Jan 2022