RIOT: will it make one last low or push up from hereEW structure is preferring one lower move to finish the ending diagonal wave C between $7-$8. However, BTC is not done with its move yet. The clue will lie on RIOT moves relative to BTC. If we see BTC making new highs in the next week or two but RIOT staying flat or not breaking highs then most likely the wave 5 down is coming. But it will be a screaming buy at those levels. I price breaks higher, then most likely the downside move is over, and every dip should be buyable in the medium term 2-3 months.
Miner
Agnico Eagle Mines: Slowly but surely… 👍Slowly but surely, Agnico is devoting itself to the current downwards pressure. Despite the occasional counter movement, the share should soon reach and break through the support at $31.03. Thus, it should arrive in the yellow zone between $19.10 and $10.08 to complete wave (2) in yellow. As soon as this is done and dusted, Agnico can turn upwards again, climb back above $31.03 and further northwards from there. A 25% chance remains, though, that the share could get dragged above the resistance at $67.14 instead. In that case, we would expect the ascent to continue above $89.16 as well.
Fresnillo: Getting Down for Business 👇Since the end of wave B in turquoise, Fresnillo has been continually getting down for business. And the share should keep going as we expect it to march below both the supports at GBP 610 and at GBP 456.60. There is a 35% chance, though, that the course could turn upwards and climb above the resistance at GBP 997 instead. In that case, Fresnillo should enter the turquoise zone between GBP 1085.80 and GBP 1292.80 to develop a new high in the form of wave alt.B in turquoise before moving southwards again.
Agnico Eagle Mines: Stayed Strong 💪Agnico Eagle has stayed strong and has made it into the blue zone between $63.39 and $71.21 despite a momentary setback. If we now turn up our most motivating playlist, it should even climb a bit higher still to finish wave (b) in blue. Afterwards, Agnico Eagle should turn around and head in the direction of the support at $45.42. It should then fall below this mark, as well as below the next one at $31.03. Still, there is a 35% chance that the course could keep climbing, rising above both the resistance at $74.50 and the one at $89.16.
ANY 5.7 Exahash of computing powerSphere 3D Corp. (ANY) has a delal with NuMiner to buy 60,000 bitcoin mining machines for a total of 5.7 Exahash of computing power.
I know the issue, the pictures from NuMiner were not their own, but what is they indeed deliver the performance?
MARA Marathon Digital on the other hand is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day.
I see an easy upside for ANY to reach $5.75.
Looking forward to read your opinion about it.
$HUT primed for a rip? BTC up, do miners make a run?With BTC/crypto finding support going into the weekend, crypto miners are set to make a run for the week of 2/7/22
I traded $HUT in the past on it's run to it's high of $16.57.
Many bag holders on the route back to that high, so I would expect selling pressure on any movement to the upside.
Not expecting a run to $16 in the coming week, but a run to $9.00 definitely looks possible
Drew some crystal gazer tarot lines (lol) from recent high bullish volume points that create a channel that looks primed for a break out
1st PT: 7.09
2nd PT: 8.10
3rd PT: 9.00
$5.8 range is support/technical exit level
Watching for confirmation of break of 50EMA for further movement to the upside
BTC/crypto sentiment will weigh heavily on the momentum of movement - bullish and bearish
Many of these miners are great for trading to grow small accounts, and often run parallel with BTC/crypto sentiment
As always, stay sharp, and manage your risk! Good luck!
Senor C
*Not financial advice*
DMGGF Blockchain Purchases 1,800 Bitmain Antminer S19 XPDMG purchases 1,800 New Generation Bitmain Antminer S19 XPs for a total hashrate of 1,037 PH/s or approximately 9,500 S19s.
DMG announced the granting of 2,845,750 stock options to directors and employees of the Companyexercisable for a period of three years at a price of $1.20 per share.
So $1.20 is the minimum price target for DMGGF in my opinion
ANY bounce from the strong support ??ANY Sphere 3D wants to rival MARA and RIOT in 2022.
Peter Tassiopoulos, CEO of Sphere 3D: "We have successfully pivoted to the cryptocurrency mining industry with the purchase of our first 60,000 miners, capable of producing 6 exahash of capacity. we have secured an agreement with Gryphon Digital Mining to have Core Scientific host and manage about 230 megawatts of bitcoin mining capacity, which covers over 71,000 bitcoin mining machines."
This strong support area seems like a great buying opportunity!
My short term price target is the 6.2usd resistance.
clsk w5 swingafter some contemplation, i have to lean bullish on clsk.
i recently called the bottom and it's run up like 100% since then, view the post down below.
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here's another little setup for the final fifth wave to put in wave (1) of a higher degree of the final fifth wave of an even higher degree.
my upside target for this trade is at $28
ANY Sphere 3D Hashrate computing power !!Sphere 3D Corp. (ANY) deal for rights to bitcoin mining agreements of 60,000 new bitcoin mining machines for a total of 5.7 Exahash of computing power.
Marathon is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day.
MARA Market Cap 5.036Bil vs ANY Market Cap 254Mil
MARA 10.37 ExaHash vs ANY 5.7 Exahash
Based on the fundamentals above, see 10X upside potential for ANY from here!
My price target is 7usd by the end of the year and 12usd by the end of february.
Clear defined channel for Dollar indexwhat will it be for the Dollar index? Short or Long? that the million dollar question.
Taking the fundamentals and the economic status of the U.S into consideration, from my teams point of view we are seeing a rejection from in the near term.
This is mostly fuelled by negative diverging momentum from the past 10 years. we can all agree that the U.S is not in better shape then it was 10 years ago, at least that's the story that the chart Infront of us is telling us. the M2 money supply accompanied with the FEDs printing is clearly the reason of this ever devaluating currency. we are seeing a decline in all the currencies coming up and the most that benefit in the upcoming 10 years are those who are not inside the stock market but in real assets.
Real Estate : ✓ 7.5/10
Gold/Silver : ✓ 9/10
Copper/Nickel/Zinc : ✓ 9/10
Consumer staples : ✓ 8.5/10
Uranium : ✓ 7/10
Crypto : ✓ 2/10
mara short swing ~previously we swung mara from around $20 --> $70 via:
it came down pretty impulsively after poking our target, and there has been no signs of bullish divergence or anything of this nature (thus far).
i think it's going to drop lower.
shorting it right here for this potential sub-wave 5th swing.
ANY Price TargetSphere 3D Corp. (ANY) deal for rights to bitcoin mining agreements of 60,000 new bitcoin mining machines for a total of 5.7 Exahash of computing power.
Marathon is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day.
MARA mk cap is 5.02Bil vs ANY Market Cap 374Mil.
MARA 10.37 ExaHash vs ANY 5.7 Exahash
I see at least a 400% upside potential for ANY from here!
ANY Sphere 3D Corp. Most undervalued Bitcoin MinerSphere 3D Corp. (ANY) deal for rights to bitcoin mining agreements of 60,000 new bitcoin mining machines for a total of 5.7 Exahash of computing power.
Marathon is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day.
MARA mk cap is 4.34Bil vs ANY Market Cap 464Mil.
MARA 10.37 ExaHash vs ANY 5.7 Exahash
I see a 400% upside potential for ANY from here!