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RARE

Long $Rare on xDai ChainFundamentals // While the rest of the market tumbles Rare holds strong. Why? 100% of the supply is open for grabs, unlike almost every other tokenized cryptocurrency. Low supply. Only 36500 coins dripped 2 a day to claimers and stakers. Real buy pressure. Token being used as core currency in apps like unity, insideourdream, and lottery app. Ref => rare.fyi Technicals // Sitting nicely oversold after marches buy rush. Beautiful 0.786 retracement now confirmed. Holding just above the 21 daily EMA. 🚀📈
RLong
by Rarefied_Design_Limited
Optimistic on GOMRFWe do not generally trade this, but this is an enticing looking chart to sink your teeth into. Do your own DD. Never advice. We wager that this run across the MED is a signal of big things to come. They recently signed a Letter of intent with Everwin Magnetics to start producing magnets other rare metals products for the potentially booming Energy efficient market. finance.yahoo.com They have also proven concept recently and are potential leaders in the rare Earth recycling market. finance.yahoo.com --> Info on Recycled Rare Earth: www.recyclingtoday.com Not advice.
OTC:GOMRFLong
by Ignignokt
Upcoming bull market in rare earth mineral ETFThanks for viewing, I get a lot of satisfaction from identifying assets and asset classes that are under-valued. That means looking at some rather hopeless looking charts and looking for potential. Identifying under-valued assets e.g. commodities in chronic supply deficit is also a great way to both diversify a portfolio with uncorrelated (or negatively correlated) assets. "Rare earths, which are used in the high-strength magnets found in much of the latest tech, from smartphones to wind turbines to electric vehicles, will remain a primary issue for the resource sector well into the next decade as more countries in the west work to create supply chains that depend less on China (investingnews.com)." I will lay out my case for rare earths and you let me know what you think. For: - Bullish RSI divergence between Jan 2016 and March 2020 swing lows. Bullish RSI is when a lower low on the price chart is displayed as a higher low on the RSI. Not a bullet-proof indication, but a sign of weakening in the trend. I have identified some snorter-term bullish and bearish divergences in 2016, 2017, and 2019-20 that marked changes in the direction in price, - A significant draw-down (think retracement). Of course the over-all trend is down presently, and there is the possibility that it could go lower, but I see signs of a recovery. - Increasing volume. - A very bullish aspect is the recent move (+86% in <100 days) since March 2020 which was achieved with much lower than average volume. When the chart goes up on low volume it strongly suggests that sellers are exhausted. - Rare earth metals will be essential to a tech-driven / sustainable energy economy. I do mean essential, they allow jet engines to burn hotter, have greater reliability, and run more efficiently. The move to more efficient aircraft is a meta-trend that is only more important in present times - despite low travel demand (think aircraft retirements due to efficiency - the goal now is for airlines to lose the least money and more efficient aircraft. - China reduced production targets significantly in 2018 due to reducing rare earth reserves (global reserves once stood at 70% but have reduced to ~37% in 2018 www.prnewswire.com) - Trade war. - Whatever happens in the vote in November, the world is turning away from China. Factories are relocating, the possibility of both cold and hot wars are being discussed. But whatever happens, rare earth metals are "strategic metals." That means defence and industry in the US and elsewhere needs them to function almost regardless of commodity price. In 2019 the Chinese Communist Party (CCP) threatened retaliation against the US via halting or restricting the export of rare earth minerals to the US. - Both the US and China have threatened tariffs or restrictions on rare earth minerals, - There are signs that they are making good on this threat (although recent actions are not associated with a clear public CCP announcement about why exports are being limited from the CCP - they never are), - China rare earth exports account for 78% of US rare earth imports in 2017. The US is currently dependent on this stream of imports. Any substitution of supply is going to take a long time to eventuate. - Global trade is generally becoming "stickier" in terms of politics, transport, and travel. Against: - It is an ETF and I generally mistrust ETFs (e.g. SPDR GLD). While they can be useful, I will limit my ETFs to smaller positions. - It is an equity ETF, so it carries higher risk than other more stable investments. - The majority of Companies are from China. I am not a China expert, but I know enough to be concerned with the veracity and verifiability of their financial reporting, and maybe more importantly, there is a possibility that the CCP may annex some Companies or require them to do things that run counter to the organisations own best interests (i.e. restricting or blocking selling to some willing buyers). - Investing in China may not suit you depending on your position on moral investing e.g. Chinese human rights record, mining pollution, or that in China or mine worker death rate is 10x that of the US. - I expect a widespread draw-down in global equities due to a generalised deleveraging. So mining / refining equities will also be hit - possibly harder than average. - MACD weekly histogram is trending downwards and a MACD moving average cross-over to the downside is also possible. - I would put a short-term price at $28-34. - The underlying securities in the ETF have an aggregate PE ratio of 37, which is on the high side. - REMX has a 0.69 correlation with the SPX in the past 3 years, which is surprising given that the charts have been going quite different directions (0.7 and above is considered a strong correlation). If the time-frame was longer, say 5-10 years), the correlation would be lower. On the fence: - I will continue to buy on weakness and am looking for price to hold above $23.91 (i.e. make a higher low) for my bullish outlook to hold. If that low is not exceeded, I would call the bear market over. My outlook is rather bullish, but even if we get a 61% retracement (of 2011 highs), that would mean 500%+ gains from the $23.91 low. If I had to put odds on it, I would lean 70:30 towards bullish - maybe more - given the political situation. If someone should make an ETF with high quality rare earth equities that excluded Chinese companies I would increase that to 80:20 or more. I could write more, but I'm not sure anyone is here at the end :P Protect those funds
AMEX:REMXLong
by flyinkiwi10
11
#REMX - 100% safe? Rare Earth going up? #tradingviewThe Vaneck Rare Earth Metals ETF indicates an overall trend reversal in rare earths. The RSI - Relative Strength Index has not confirmed the lows of 2020 compared to the lows of 2016 and has built up a massive divergence on a monthly basis. In the course of the upward movement, the 2018 highs are likely to be surpassed, which from today's perspective would correspond to almost a doubling. Companies such as Defense Metals or Lynas are likely to react even more strongly than the ETF, and everyone should be aware of this, depending on their risk appetite.
AMEX:REMXLong
by StefanBode
2
This Bitcoin Formation Predicts When the Bear Market Will End Yup, for those that weren't aware (and I haven't seen a lot of charts on it, if any at all), there is a special chart pattern/formation that can tell us everything we need to know about Bitcoin if it ends up being valid. The formation in question here is the Rounding Bottom Chart Formation. This is something that I have not seen ANY one post about! So, I'll show my findings below and you can comment on it and say what you think. Bitcoin Long-Term Price Prediction Based on the Rounding Bottom Formation What you see on the chart above is something called the ‘Fib wheel’. The Fib Wheel (courtesy of TradingView), was applied on this chart to get a better idea of where we should start the rounding bottom chart formation. Why? Because of the design of the Fib Wheel itself. It virtually plots out various rounding bottom formation lengths (based on fib levels). These different lengths are designed for products of varying volatility and price fluctuation. The Ultimate Theory Everytime the price breaks into another channel, the Rounding Bottom Chart Formation (if it is indeed present), must be considered ‘restarted at that point. Below are the marked restart points to help you out: So, only twice thus far technically. hese times are represented by the transparent blue boxes in the photo above. As you can see, the latest blue box can be detected at the start of the .786 ring level of our Fib Wheel. What the Wheel / Rounding Bottom Formation Predicts Based on the wheel is showing us here, the ‘low’ could potentially be at $2,921/Bitcoin. This does not mean that it is an iron-clad guarantee. The price could 'dance around' this $2.9k mark. But, at the very least, assuming that the price remained in this channel without breaking south or north, it will eventually touch down somehwere around $2.9k. The chart shows that this would occur at some point around the beginning of November. While this is not unreasonable by any means, the price is a significant ways away from that point currently: If the price did touch this point, it would represent a 55.66% loss in price in a little under two months from this present point. However, Bitcoin is no stranger to such drops, and there’s a chance that it could eventually backslide in price again as it tests the top of the rounding formation’s ‘range’ (what would essentially break the pattern altogether). The two red boxes in the chart above show that the price has been duly rejected twice when it has attempted to break through to the next Fib pattern/layer. Currently, the overhead resistance is at $6.9k. More Information About Our Daily Resolution Rounding Bottom So far we know a good amount of inforamtion, but we don’t know everything we need to know. Here’s a list of some important things to remember/consider: Fact #1 The ‘lip’ of the cup is at $10k. Fact #2 The potential bottom is at $3k Fact #3 The cup predicts that the lip may be surpassed at any point between April 11th 2019 and June 19th, 2019 Fact #4 The rounding bottom formation (as applied in this case), predicts that the ATH may be broken at any point between June 20th, 2019 and August 17th, 2019. Here’s an illustration to reflect all of those ideas: Conclusion Whether you believe in the Rounding Bottom Chart Formation is entirely up to you. At this point, it’s not a verified chart pattern. This piece was simply to provoke some thought and cause some individuals to consider alternative scenarios to the ones that they may have in their heads currently. If you notice, this theory dictates a price action that actually matches many of the more popular theories about Bitcoin’s price movement that are out there at this point in time. Thus, it seemed worthwhile to put this theory out there to see if we can actually put a ‘face to the name’, so to speak. As always, good luck trading! This is definitely not financial advice of any sort and you should be making your own decisions about how you’d like to go about things.
BITSTAMP:BTCUSD
by librehash
63