Mining
SGN.V - Scorpio Gold looks primed for a move. Up or down?I decided to clean up the chart add a bit of context. To my eye, it looks like we have a big move ahead. Is this month's Federal Reserve meeting the catalyst for either direction? In any event, every dip in gold and miners have been bought. Let's see if the trend holds.
EBON (EBANG makes BTC Mining Hardware)EBON (EBANG makes BTC Mining Hardware)
This will go up but what puzzles me is that it's competitor has a lower price and it is still dropping - both EBANG and CAN should be the same price and the y both will climb but both are finding that price as i write this.
I am hopeful we will have a longer chart in the future with more to see.
Once the BTC price jump everyone will wonder what these mining companies do - they make mining equipment and i would think they also are mining bitcoin so they will be profitable.
RareX technical trade + EV hypeTA,
- Daily MACD golden cross
- Price above 120ema
- 5ema crossing 20 and 40ema
- Strong bounce off 0.059 support ( Long tail )
Entered on 10th August (bit too early). Looked like a good trade setup but macro environment weighing down on the price action on the following days.
Should have waited for confirmation. Will cut loss if it breaches 120EMA.
Exit: 0.087
SL: 0.05
RIOT looks to be falling again one last time RIOT looks to be falling again one last time before moving back up again.
No real evidence just a gut feeling - is a long walk to the next earnings report but by then it will be too late. Buy the dips as we climb higher - people will put two and two together eventually, crypto mining companies make money when BTC jumps up.
I will put in some buys from $3-$4 in 10 cent increments.
These are my trading notes I have no formal education - I am an artist who likes to draw lines.
Hudbay Minerals: China's imports of metals are boomingHudbay Minerals (HBM) is an under-the-radar miner of a variety of metals - ranging from gold and silver to copper, zinc and molydenum. As metals prices continue to strengthen with the global economic recover, the company is ideally positioned to benefit.
Voyagert Digital - yet another low cap Crypto companyVoyagert Digital - yet another low cap Crypto company
I am a painter and i like to make these market journal entry college's with Candle stick charts, these are paintings, nothing more.
I want to hold this long but there will be some short term movement down and then up.
RIOT and MARA are also responding well to the Crypto revolution this year.
See links below.
MARA short dip before jumping higherMARA short dip before jumping higher
I try to get in and out of these quick moves or let ti ride. this thing wants to ride up for a while after a day or so of capitulation then the return to the rise followed by sort term capitulation.
I am just a painter who likes abstract shapes - my charts are noting more journal entries as paintings
Check out RIOT they are also a Crypto Mining Co.
See link below.