Get started

Mining

$CLSK spark up 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management The crypto market is at its loading zone. My team is loading up shares of crypto related companies that we believe will surely benefit from this rally. Today my team purchased shares of clean-energy software and bitcoin mining company $CLSK at $7.40 per share. Our first target is $13.50 Our entry: $7.40 Target 1: $13.50 Target 2: $20.25 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:CLSKLong
by SimplyShowMeTheMoney
3
MicroStrategy buys the dip by purchasing 660 Bitcoin for $25MMicroStrategy bought significantly less BTC in January than in previous months, according to official data. Major Bitcoin (BTC) investor ​​MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday. According to an official form with the United States Securities and Exchange Commission (SEC) filed on Tuesday, ​​MicroStrategy purchased 660 BTC between December 30, 2021, and January 31, 2022, for “approximately $25 million” in cash. The average BTC price of the purchase amounted to $37,865 per BTC, including fees and expenses, the report notes. As of Jan. 31, MicroStrategy held about $3.78 billion worth of BTC at the average purchase price of approximately $30,200 per BTC, inclusive of fees and expenses. The latest report comes shortly after the SEC reportedly rejected MicroStrategy’s Bitcoin accounting practices, causing MicroStrategy shares to plummet in mid-January. The SEC specifically objected to MicroStrategy reporting data related to BTC purchases based on non-Generally Accepted Accounting Principles (GAAP). The authority argued that MicroStrategy used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets.” The latest Bitcoin buy is apparently not that big compared to the most recent BTC purchases by MicroStrategy. In December 2021, MicroStrategy announced two major BTC purchases, buying 1,434 BTC from Nov. 29 to Dec. 9 at the average price of $57,477 per BTC and then purchasing 1,914 BTC from Dec. 9 to Dec. 29 at the average price of $49,229 per BTC. Previously, the company had bought as much as 7,002 BTC from Oct. 1 to Nov. 29 at the average price of $59,187 per BTC. Related: MicroStrategy CEO won’t sell $5B BTC stash despite crypto winter Major Bitcoin investors including the government of El Salvador continued to investi in BTC amid a market downturn in January. On Jan. 21, El Salvador president Nayib Bukele announced that the Salvadoran state purchased 410 BTC for $15 million, placing the average price at approximately $36,585 per BTC.
BITSTAMP:BTCUSD
by monicaagrizzi9
$BTC how effective are we? 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management If a trade doesn't work out don't ever be discouraged. Focus on utilizing stop-losses so that total losses add up to being less than the total gains of the home runners. Trade for long enough and you will experience both good and bad weather. Always make sure to bring an umbrella since weather sometimes is unpredictable. Entry: $41706 Target: $45600 Stop loss: $40600 If you want to see more, please like and follow us @SimplyShowMeTheMoney
BITSTAMP:BTCUSDLong
by SimplyShowMeTheMoney
5
Sell COPPER As a basic observation in The Monthly chart of copper Futures (HG1) . Copper reached during the last year it's highest levels since 2011 breaking its all time high . As a result of the high demand from china in 2020 and the lower production from the miners in Chile and Peru . In the other hand the Chart has shown selling configuration .There's a high probability that the prices might visit the 4.7 level before it starts dropping down and visit some of the lowest levels passing by $3.5 - $3 as first target in the next few month and if the price breaks down this level then the target will be $2.5 , and there is a lot of fundamental reasons . -Lately the Li Keqiang Index has dropped down as sign of china's Industrial situation . and as known the high correlation between Copper and the Li Keqiang and it lower the demand on copper in 2022 . -Chile started rising its production rate so this will affect the supply in the market . -The US federal Bank has been declared that they will rise The Interest rate by the end of March and it will affect all industrial and technological sectors.
COMEX:HG1!Short
by ossamaouadih
6
$XAUUSD 1855 appears to be its target*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Things are heating up with gold $XAUUSD. We are all aware of how violent its movements can be when it is let off its leash. My team developed itself into what it has become today from trading $XAUUSD and Bitcoin $BTC. We have plenty of experience predicting their price movements. In our post from yesterday we mentioned that some members of our team bought into mining company Harmony Gold $HMY yesterday to profit from golds rise. They will plan their next move once gold begins to head into the 1850s. If you want to see more, please like and follow us @SimplyShowMeTheMoney
OANDA:XAUUSDLong
by SimplyShowMeTheMoney
2
$XAUUSD the big move is near*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Nerves are high whenever we look at this bad boy. If this move is as big as we think it's going to be people are about to make a lot of money. People are also about to lose a lot of money. Some people on my team are speculating that you should go long here, others are neutral. Nobody on our team is bearish on this call. A gold mining company called Harmony Gold $HMY is where some of us have parked a little cash in case this is bullish. If you want to see more, please like and follow us @SimplyShowMeTheMoney
OANDA:XAUUSD
by SimplyShowMeTheMoney
FIRST QUANTUM MINERALS - LONG TERM BULLISHFirst Quantum Minerals shows an interesting long term chart pattern. On lower timeframes, FM completed its corrective wave (2) at 50% of the fib retracement and price has broken the terminus of wave (1). This provides confirmation that an impulsive wave (3) in now occurring and we could expect the next target levels. 1. CAD$ 58/share 2. CAD$ 74.45 Disclaimer: This technical analysis is intended for educational purposes only and must not be taken as investment advice.
TSX:FMLong
by Timgucci
5
MIN - Diamonds are a girls best friendDiamonds have a future especially now that buyers are concerned with providence. The major swing that occurs from Oct 20 from the lows 37.40ish to the peak in Aug 21 is where I've taken my analysis from. It's a slow mover but consistent for a technical setup. Price has hit a 61.8 Fibonacci retracement of the major swing and price is now heading up. The 1st level to take profit is indicated by the red line of 127% Fibonacci Extention - 75.20ish of this swing. It may double top at the previous high. Diamonds are in demand especially Australian mined diamonds. Just my plan - do your own due diligence before you trade.
ASX:MINLong
by gillianpatrice
1
Canaan reversal coming soon. Technicals: RSI is oversold and looks like it is reversing. The price has also reached a long term support of around $4.6. Fundamentals: Canaan stock has a high correlation with the price of Bitcoin as they produce the hardware to mine Bitcoin. The market cap is under $850 million. The bullish news is the sale of 30000 of their flagship Avalon mining kits to Genesis Digital Assets (buried in their latest SEC filing investor.canaan-creative.com). The price of the latest Avalon miner is between $6500-$8500 (cryptominer.deals). This equates to around $180 million in sales (if we use a lower end cost of $6000 per miner). Genesis Digital Asset also has the option to purchase an additional 150000 units in the future (the total options are for 180000 units minus the purchase of the recent 30000 units). If that sale goes through, its an additional $900 million in sales which could make this stock highly undervalued. The rise in bitcoin price will cause the stock price to also rise alongside. This may be a good long term hold. Price target: $15+ Note: This is not financial advise. Please do your own research.
NASDAQ:CANLong
by CryptoPaily
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.
NASDAQ:ANYLong
by TopgOptions
4
Gold (XAUUSD) - Support, Resistance, Trendlines, Pattern - 2021Gold (XAUUSD) - 2021 - Support, Resistance, Trendlines, Price Pattern - Daily Chart: Price Pattern: Descending Triangle. -Resistance Price Levels (colored horizontal lines above current price) -Support Price Levels (colored horizontal lines below current price) -Trendline Resistance (diagonal yellow lines above current price) -Trendline Support (diagonal yellow lines below current price) note: chart is on log scale.
OANDA:XAUUSD
by NoFomoCharts
1
$CLF no cap this is my teams biggest holding*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My teams still holding $CLF shares from our three entries at $13.27, $18.06, and $20.60 My team is increasing our $CLF shares at $22.35 per share on the market open of 11/8/21. We have increased our shares four different times already on this trade. This may shock you guys but $CLF has now become my teams largest holding. We're confident and adding more shares because $CLF smashed their 3rd quarter earnings and are set to succeed next quarter as well. Also if $CLF attempts and is able to break past resistance at $26 once more then we expect a rally begin. ORIGINAL ENTRY: $13.27 2ND ENTRY: $18.06 3RD ENTRY: $20.60 4TH ENTRY: $22.35 If you would like to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:CLFLong
by SimplyShowMeTheMoney
6
$RIOT breaking key resistance level. Road to ATH? I believe if this week manages to close candle above 40$ level, it will go to ATH. It has been consolidating for months on a wide range, so the breakout alongside $BTC could be huge and fast. With earnings next week and BTC trying to break ATH level it seems a pretty interesting trade to hold on year's end bull run. I will buy some shares on Friday depending on price action, and Monday will add some weekly 40$ calls if BTC shows strength during weekend. NOT FINANCIAL ADVISE.
NASDAQ:RIOTLong
by UnknownUnicorn1766456
1