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BEAM, where are privacy coins going this YEAR?2X??FA: Mineable Coin Privacy coins are going through a make or break year in terms of regulatory terms Making strong progress in terms of Mainnet, Wallet development and introduction of Atomic Swaps Venture Capitalist Backed Funding (Sell Pressure at highs) TA: FIb Retracement shows we can expect further upward movement and then some downward pressure We can use the retrace to buy in LONG or enter it as a breakout trade If it leaves this channel then we will be bearish Has a Bullish Flag Pennant, therefore we can expect a strong pump if it holds However, it is a wide bullish flag, suggesting that sellers do not wait to sell at highs, which is not good to see when investing in something long term As usual, enjoy charting for you guys PLEASE SHARE/LIKE/COMMENT -Megalodon Whales (Rahim) BINANCE:BEAMBTC BINANCE:BEAMUSDT BINANCE:BEAMUSD Stay safe, this is not financial advice btw :p
BLong
by BoSukas
Bitcoin ChinaI have updated the values of the bitcoin production cost indicator for the Chinese province of Sichuan (35% of hashrate share) where the cost of electric current does not exceed 1 cent per kilowatt hour. For a miner located in this Chinese province the cost to produce a whole bitcoin does not exceed 4000 dollars, this price falls within the support area of my kama bands on the monthly chart. I believe that if this fall there will be a second wave of the virus combined with a new lockdown there could be panic in the markets again. Personally, I'm going to increase my bullish position by buying in the $2,500 / $4,000 price range.
BITSTAMP:BTCUSD
by UnknownUnicorn30297
9
Go Long Newcrest Mining. $NCMWe broke out of the downtrend today, I do think the price will fall in the next few days (profit taking) and then continue to go higher. Why? Because Newcrest is forming a very nice inverse head and shoulder pattern. Technical indicators such as moving averages, MACD, RSI, and DMI are looking good and on the bull's side. Furthermore, Silver and Gold prices are likely to continue going higher in the short-medium term because of central banks' actions. I am holding this stock and will look to buy more for the short-medium term.
NLong
by johninvest17
4
Trend reversal? Targets ST 3.64p/5.6p MT- 8.48p LT - 15pAfter seller exhaustion comes the bulls and I believe we are very close of a turn here which will take us to 3.64p-5.6p with right news. I believe seller should be or is out as bulls come in. Permit should be coming any day now after xmas holidays. Gap to fill at 5.6-5.8p! Medium term I can see us touching 8.48p Long term 15p copper price doing well as of late BoD have also skin in the game & ASIPAC having a considerable amount invested in the business.
LSE:ARSLong
by vcm11
10
GXY - 29 MONTH DOWNTREND BROKEN!!!GALAXY RESOURCES (ASX:GXY) Has been locked in a fierce downtrend since Dec 2017 but has just broken out!! Targets As Below. 1. Break of long term downtrend and Volume returning to the market will see GXY build new Market Structure and Create Uptrend Potential. -Break 29 month Downtrend -Buying volume returning to the market -MACD spreading on Weekly and holding on Daily -RSI Trending up through Neutral Territory -EMA 20/50 are about to cross signaling trend reversal -Broken .236 Fib Retracement -Double Bottom at $0.705 -Targets .5, .618, .786 Fib Retracement (Also Equilibrium Levels) 2. Bull Trap Fakeout completes and prices squeezes into downward triangle corner, breaking 0.705 Support and sinking to 2015 NOV price. -Bulltrap -Double top off Equilibrium at 0.845 -MACD Cross and Spread -Crack 0.705 Support -Nothing to hold it until 0.465 -EMA's bounce and do not cross GXY and the Lithium Sector has been plagued by downward price action since false news of Global Over Supply was promoted in DEC 2017. Is the Sector finally about to turn the corner?? These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
GLong
by Trader_Johnni
1
Interesante bandera de teórica resolución al alzaSe puede apreciar que el activo formó una bandera de teórica resolución al alza, también vemos que viene respetando la base el desdoble del canal propuesto en una idea anterior (linea de puntos Verde) con transgresiones temporales de la linea de tendencia bajista (linea Negra) quebrada la cual actuó como disparador del interés en el papel. muy correlacionado al comportamiento del oro, principal actividad económica de la empresa y tambien con otras empresas de sector (barrick gold, harmony gold). sigue vigente la hipotesis de que sea la wma de 30 semanas la que busque al precio
ALong
by nelsoncares
AU: history repeats? Last year, the asset started a bullish rally (similar to the one that has just ended currently) that led the price to increase by more than 100%; From that moment on, the price corrected and began to generate a bullish channel (green dotted line ceiling). The correction it had then never reached the 0.382 Fibonacci retracement, but it was the 30-week weighted average that went looking for the price and accompanied it support throughout this channel (this pattern is likely to repeat itself). In February of this year, prior to the covid-19 crisis, the canal ceiling was broken upward with a significant increase in volume, after which the asset falls sharply and recovers in the same way. But this time, the increase in the price is more than 150% and after breaking the medium-term downtrend line (black line) it again exceeds the channel ceiling and unfolds it (green dotted line is now floor), exceeding the maximum at the end of February this year. Today the price corrects and contacts the 0.236 Fibonacci retracement that also converges with the bearish TL of the medium term (black line) and it seems that the paper generated a throwback to it and that is when we are presented with this great opportunity. The interesting thing about the current price situation is that from this point history can be repeated and in that case I have two objectives. The primary I postulate in the maximum of July 2016 and starting point of the medium-term downtrend line broken today; which represents a rise of more than 20% and as a second objective we have a relevant value from March 2014 that was support and that is now going to act as resistance, while the price is going to meet the upper secondary channel ceiling in US $ 7 which represents a rise from current prices of more than 40%. In case of losing the support in which the asset is currently located, it would greatly complicate the performance of the paper (and the proposed strategy) since it would fall back below the medium-term downtrend line. Although below it presents a relevant support in the 0.382 retracement to which the wma of 30 is clearly rising. If last year's asset behavior model were to repeat itself, now that the rally was more pronounced and the correction sooner, perhaps we would see the average of 30 quickly go up to look for the price and accompany it as support throughout this second channel. I do not include analysis of indicators so as not to extend.
ALong
by nelsoncares
Either price discovery or price manipulation or lets lookEither price discovery or price manipulation or lets discover how we can manipulate this stock to a new low so we can buy it before Block chain Mining and A.I. blow up any more then they have already. - yes this is an emerging market (speculation alert) - yes this is a tech stock - (speculation alert) - so the official story is that Bitcoin will be less profitable in the future as half the bitcoins are being produced every ten minutes for the next four years. But any crypto kid will tell you if the supply dries up by half then the price should increase. But this company just offered no guidance for the next quarter saying they don't know how they will make it because of too many factors... S0 they may be telling the truth and this company will not sell any products in the future because mining is not profitable at 10k a BTC. But what happens when BTC is worth 20 K next year? Will the company suddenly look profitable? Is some one to making this company look like it is having a bad quarter so they can buy more shares? If you look at the chart you will see massive buy's after a considerable sell off so some one believes in this thing. Including me.
NASDAQ:CANLong
by altcoinnerd
Quantitative Easing & Rate Cuts = Bullmarket in Mining Stocks.You've seen the news lately, the Federal Reserve has taken unprecedented actions BEFORE a recession has even hit. The Fed has already cut rates 3-times and restarted their Quantitative Easing, although not officially calling it that. Predictions and Possibilities for 2020: 2008 Style Recession. Dollar Run. Debt Bubble Pop. We can not sit and say things are great as you may hear on mainstream financial media. These steps taken by the Fed are VERY bullish for precious metals and mining stocks. These are our recommendations, each will reach at least 300%: ASM: Avino Silver and Gold Mines NGD: New Gold B2G: Barrack Gold Check our "An Obvious Investment" chart, you will see that our NDG has already seen 10% growth since posting. It's time to be money smart.
AMEX:ASMLong
by WorldEconomics