Mining
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.
MARA update - it bounced on the $3MARA update - it bounced on the $3
Looks like we will make the leap before September.
CCJ Cameco Corrective MoveDon't like the move off the low. Expecting a higher B move and more correction right now
RIOT About to break out RIOT About to break out.
MARA and RIOT should follow each other as BTC goes back to 20K
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.
IF BTC had held 12k MARA would have jumped higher this morningIF BTC had held 12k MARA would have jumped higher this morning.
Now i am not sure.
Maybe they are dumping tech to buy the SPX
The Next time the BTC price jumps up and holds over the weekend MARA will jump with it on that Monday Morning.
Monday Morning RIOT Break outBitcoin broke 12k this weekend
RIOT should break out higher Monday Morning
Ride the train up til 10am
Mining Metals ETF on new supportPrevious resistance on June 8th, now became new support.
A close below $23 is a sign of a fail of the short-term bull trend.
Next support level is $20.
CAN a mining company that should 50x when BTC lifts offCAN a mining company that should 50x when BTC lifts off
buy before BTC breaks all time high.
I set limit buys for $2.01 $2.20 $ 2.30 and a market buy just in case we never see these prices again.
I imagine there will be a crash this fall in all market taking CAN with it for a day and then it will lift off.
Once the market crashes people will realize that BTC and GOLD were the winners and pile in.
This is just like my play in RIOT and MARA see links below.
So we jumped early before earnings - buy this on the dipSo we jumped early before earnings - buy this on the dip
The cat is out of the bag.
This could go to $100 so get ready just keep buy it.
The rip up today should falter and fall - buy when it drops - it will be the last low price you see.
Check out my RIOT chart as it is a similar company.
RIOT will drop before ripping higherRIOT will drop before ripping higher.
if you like crypto mining stock check out MARA they are in it to and has had the same price action.
I want to pick up more at 3.50 before going to $10
Gold and Gold stocks moving forwardspeculation on the pullback and accumulations. This is a long one as I go through many Gold miners I've played with.
