9.5p-10p 1st target - 20p/25p 2nd target - swing / investmentProject going forward.
Ncondezi will receive between $40m-$60m for back costs & development depending on final tariff agreement
JDA signed with GE & CMEC
Higher low set & should head north from here on swing up.
Fundamentals intact & once tariff agreed and numbers are shown this will do most likely 300-400% in a day!
I bought a few times so have average about 5.8p roughly.
Scott Fletcher now with 16% of holding.
Proactive interview coming...this month. News?
Electricity
SSE - Electrifying potential gainsBuy SSE (SSE.L)
SSE plc is engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland.
Market Cap: £13.35Billion
SSE broke above resistance on a move above 1237p back in October. The shares have since corrected to retest the new support and now appear to be attracting fresh buying interest. The close above the 10EMA and the completion of a bullish flag suggests that more upside is likely in the short term.
Stop: 1223p
Target 1: 1330p
Target 2: 1477p
Target 3: 1625p
Interested in UK Stocks?
Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
NAK showing a Bullish divergence All of this is speculative, do your own reasoning. Opinionated analysis.
Okay lets break this down.
GLD in general looks to be making a trend to the up. Obviously NAK would relate to that movement. (or could)
Now on the 4hr Chart I have plotted 2 dotted lines one on the Line graph and one on the RSI.
* a bearish price
* with bullish pressure
the Volume Flow Indicator has also seem to show a nice reversal cup in about a 1 year span.
A Long trade would seem in effect, target unidentified.
Happy trading!
[Cryptosfeels] Pssst! WPR/BTC Kucoin winningchickendinner and ..Well guys, look www.kucoin.com
We have some electrifying quarters and medium projection.
wepower.network
coinmarketcap.com
I think it's a good time to buy, the dice are laid...
We will tell you why BTC will not go lower than 5800$Hi Guys,
as averyone wonders how low BTC can actually possibly fall we tried do answer this question.
It is not easy task. We have to get back to the basics.
Why is it even possible to have a BTC, to make any transaction with BTC....? Have you ever thought about it?
We don't mean mobile phone, public address, private key, exchanges and so on.
There are whole infractructure, people, companies involved.
Developers, miners and people who want to use it (buyers and sellers). That's it.
That is the whole magic. Without them there were no cryptoworld today as it already looks like.
Here are the key factors:
1. Satoshi Nakamoto has/have created BTC. They figured it out how to create, safe, digital asset combining it with the whole network of miners
2. Miners give essential infrastracture to maintain the network and make it possible for BTC to be transferd by 3rd parties
3. Finally we have a network effect. It means more and more people want to have, buy, transfer, hodl it.
So here are 3 essential factors to make everything work.
First point mentioned here is pretty obvious and we won't go into it any further in here. One important information: Satoshi Nakamoto is in possession of around 1mln of BTC. So this 7 bln of dollars. They have enough money for development of the project as well as keeping the price at any level buying or selling their (crypto) money.
Second point is here very very important in this puzzle. To keep this network all miners and nodes has to be duly rewarded.
Mining effectivness/profitability is directly connected to the price of the electricity. 90% costs in time span are electricity costs.
So how much $ does it cost to obtain 1 BTC? Good question ha?
So last couple of months we had a massive outflow of miners from China due to harsh regulations over there. Most of the miners are in the pools.
Here is the the structure of the pools worldwide:
Pool Blocks Share %
BTC.com 1,172 25.02%
AntPool 676 14.43%
Slush 533 11.38%
BTC.TOP 515 11.00%
ViaBTC 509 10.87%
unknown 335 7.15%
DiscusFish / F2Pool 324 6.92%
BTCC 177 3.78%
Most of them operate in EU, US some of them in China. Please look at the link.
www.blocktrail.com
We have to now figure it out where most miners located are. We haven't found 100% reliable data but here is something helpful.
Distribution of the nodes in the world. bitnodes.earn.com
So here is looks on numbers:
Country____Percentage/share__Cost/mining 1 BTC in USD
USA________23,66____________4758
Germany____18,22____________14275
China_______9,83_____________3172
France______6,04_____________7930
Netherlands__4,53_____________9449
UK_________ 3,61____________ 8402
Canada_____3,57____________3965
Russia______3,34____________ 4675
Unknown___2,88____________6951
Singapore__2,14_____________5936
We can assume that diggers/miners/rigs are more or less same distributed as the nodes.
When we calculate the weighted average (depending on the methodology as we did not take all the countries into account) we have minimum price when it is even profitable. We range from 5874$ to 7530$. When price significantly dips someone has to take action (Satoshi Nakamoto?) and buy BTC to get the level of the BTC price when digging will be profitable again.
Satoshi Nakamoto takes care of that business to run smoothly as much as possible.
Without adequete price there will be no network. Without network there will be no BTC. Without BTC many people/organisations (including Satoshi Nakamoto) will be totally broke.
We had such dip on 5th February 2018 and 1st of April 2018 when price was around 6000$. It bounced back very quickly to the higher levels.
HUGS!
WBM Team
Chinese rumors confirmed.A new, bigger bullish triangle pattern developed over the last few weeks. We can expect an outbreak on the upper side end of this week or beginning of next week. Until then, only small price moves within the triangle pattern will happen. An outbreak on the upper side will open new targets at 22500 and 24000.
However, we shall not forget that the US-government and the Bulgarian government own seized Bitcoins worth more than 3 billion US-Dollars and they want to sell them. We have to expect many major setbacks of the price of the Bitcoin at any time and this will make trading the Bitcoin much more volatile and risky in the future.
Alternative scenario:
We shall not forget that minor triangle patterns did not behave as expected during the last few weeks. As I already mentioned in my analysis from January 10, 2018, we cannot expect that chart signals will always work the traditional way for the months to come.
I could confirm the Chinese rumors on Bitcoin. The Chinese government is now having its eyes on local bitcoin miners present in the country. A huge number of miners has set their operations at some places in China, where electricity is available at low cost. With the Chinese government getting involved in control over these activities, it could possibly have a massive impact on the price of Bitcoin. According to some Twitter messages, the Chinese government is planning for an “orderly exit” for Bitcoin mining operations because the miners have consumed “huge amounts of resources.” - www.coinspeaker.com
We expect official news about this matter today. Depending on the conditions of this "orderly exit", the price of the Bitcoin could fall into nowhere. If Bitcoin mining becomes much more expensive, it could also have the opposite effect and skyrocket the price of the Bitcoin. I stay on the sideline, ready to act on the news.
LPE bounce off historical supportLPE a novel Queensland based discount energy provider with consistent revenue growth has proven to have strong support historically at 2.3c. The stock has over the past few sessions been strongly absorbed in this range and now appears to be nearing a break point. The growing revenues and approach to the spec dream of being cash flow positive signal to me that this should be to the upside. Looking for an initial target of 2.8c with scope to improve should the sector gain interest. Often the ASX XEC market softens around October and investors turn to utilities as a safe haven to prevent losses in the highly speculative mining sector. This could add significant drive to the price action as the stock remains tightly traded.
Let The Peak Begin NASDAQ:TSLA is showing its peak today. Will the high seem to continue? Likely it will either stabilize for one day and then crash by the end of the week as investor choose to sell. While the evaluation of the stock is near its 52 week high there is surely some pressure to push down on this stock. Check it out! Would you continue the bull run or will you be part of a bearish fall.