#TRB/USDT 5D (Binance Futures) Big descending wedge breakoutTellor Tributes printed a shooting star which probably marked the local top on that supply zone.
RSI is quite overbought, a retracement down to 200MA at least would make sense.
⚡️⚡️ #TRB/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 4.7%
Current Price:
38.512
Entry Zone:
38.997 - 44.129
Take-Profit Targets:
1) 30.911
1) 22.890
1) 14.868
Stop Targets:
1) 50.476
Published By: @Zblaba
LSE:TRB BINANCE:TRBUSDT.P #Tellor #Tributes #Oracle #Web3 tellor.io
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.3% | +89.9% | +128.5%
Possible Loss= -42.9%
Estimated Gaintime= 3-9 months
Mining
#KAS/USDT 4h (ByBit) Broadening wedge on resistanceKaspa is facing 200MA where it already got rejected once, seems likely to retrace down to 50MA support.
⚡️⚡️ #KAS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (6.7X)
Amount: 5.0%
Current Price:
0.03945
Entry Targets:
1) 0.04020
Take-Profit Targets:
1) 0.03540
Stop Targets:
1) 0.04260
Published By: @Zblaba
$KAS BYBIT:KASUSDT.P #Kaspa #L1 #PoW kaspa.org
Risk/Reward= 1:2.0
Expected Profit= +80.0%
Possible Loss= -40.0%
Estimated Gaintime= 4-8 days
HIVE long term planning NASDAQ:HIVE :: #usstock #dyor #nfa
Note 📌 it's ETHERIUM mining ⛏️ company
Holding #crypto stocks is high risk and may cause lose 100% ur liquid 💰
Phase 1 :: BUY ACCUMULATION -> $2.2-2.6
Phase 2 :: BUY ACCUMULATION -> $0.5-0.7
i don't think 💬 it will reach 2nd phase 📍
If that happens sign 🛑 no new high 📌
Will return to ur 1st phase 📍 later I check ✅ i will update you target 🎯
But split 🪓 accumulation 40-60% liquid 💰
Sell :: $15-40-100-130 ( phase 1 )
#principaltrade :: $15-18
Phase 2 exit are $2-3 but i will update later
so try to catch 🫴 update 📌 everytime ⏰
Be in updated to post 😸 any questions ☺️ on this 📌 ask comment
Even more if u want just contact me personally 👍
BITSTAMP:ETHUSD NASDAQ:HIVE BITSTAMP:BTCUSD
#ETHW/USDT 8h (Bybit) Falling broadening wedge breakoutEthereum PoW looks good for bullish continuation after regaining 100EMA support.
⚡️⚡️ #ETHW/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.2X)
Amount: 4.9%
Current Price:
2.030
Entry Zone:
2.029 - 1.887
Take-Profit Targets:
1) 2.394
2) 2.721
3) 3.049
Stop Targets:
1) 1.594
Published By: @Zblaba
EURONEXT:ETHW #ETHWUSDT #Ethereum #PoW
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +49.0% | +85.7% | +122.6%
Possible Loss= -40.9%
Estimated Gaintime= 1-2 months
ethereumpow.org
TMC Offers Massive Upside Mining the Seafloor The weaker dollar has led to prices for commodities climbing sharply and quality mining stocks generating substantial gains. This has occurred in the face of the Federal Reserve raising interest rates at the fastest pace in history. Rising rates normally strengthen the dollar and we did see a USD rally in the first half of 2022 when the Fed began raising rates. But that rally fizzled and the dollar took a sharp turn lower in September of 2022, even with the Fed continuing to raise rates, doubling the Fed Funds rate from 2.5% to over 5%.
This can be explained by the markets being forward-looking and anticipating an end to rate hikes on the horizon. But this is also partially due to inflation remaining stubbornly high with no signs of fiscal responsibility from the current administration. And now that most of the rate hikes are behind us and we are at or near a terminal Fed Funds rate, we think the dollar decline will accelerate, which will translate into significantly higher commodity prices.
TMC the metals company Inc. (TMC)
TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. It primarily explores for nickel, cobalt, copper, and manganese products. This company is interesting because they are the first publicly-traded company to attempt mining valuable metals from the sea floor.
They claim to be developing the world’s largest estimated source of battery metals, with enough nickel, copper, cobalt and manganese to electrify the entire U.S. passenger vehicle fleet. They estimate massive In situ quantities of nickel, copper, cobalt and manganese with a total resource of 15,700,000 t Ni / 2,400,000 t Co / 13,300,000 t Cu / 350,000,000 t Mn. Some nickel projects have high grade, some have a large resource, but TMC is an outlier among peers with the largest NiEq resource and highest NiEq grade.
The company estimates an NPV of over $10 billion at current nickel prices, based on just 22% of the NORI-D resource. Yet the company is trading at a market cap of around $300 million. This is a multiple of 10x to 20x less than their land-based peers, implying huge upside should they be successful obtaining permits and moving into production.
In just the past week, TMC said it plans to apply next year for a license to start mining in the Pacific Ocean, with production expected to start as early as late 2025. The company has signed non-binding MoU with Pacific Metals Company (PAMCO) of Japan to evaluate the processing of 1.3 million tonnes per year of wet nodules But environmental campaigners say seabed mining could have a catastrophic impact on marine ecosystems, so it is still unclear if they will get the license needed to start mining. There are also questions around the costs to pull these nodules up from deep locations on the seafloor.
TMC is an interesting speculative mining play. Management believes it has rights to the globe’s largest undeveloped Nickel project. Nickel is one of the most widely used minerals for EV batteries and will see increased demand in the years ahead. A supply gap is likely to push prices for nickel much higher in the years ahead, potentially increasing the value of TMC as well. Much will hinge on getting final regulations from the International Seabed Authority, which seems to be in no hurry. But if this happens and TMC gets permits, I think this stock is going to be 5x to 10x for investors buying shares ahead of the news.
The share price spiked higher on increased media coverage lately, but dropped back just as fast. I recommend this balanced article from CNBC for continued reading on TMC. The price went from 65 cents to $3.00, before falling back to $1.10 currently. Everyone will have to decide for themself if this is a good opportunity to buy the pullback or simply catching a falling knife. A small allocation as a lottery ticket could be of interest for risk-tolerant investors.
#LTC/USDT 1D (ByBit) Symmetrical triangle breakout and retestLitecoin is pulling back to 100MA support when it seems likely to bounce and resume bullish.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.4X)
Amount: 5.0%
Current Price:
93.07
Entry Zone:
92.71 - 88.49
Take-Profit Targets:
1) 103.31
2) 112.87
3) 122.44
Stop Targets:
1) 79.97
Published By: @Zblaba
CRYPTOCAP:LTC #LTCUSDT #Litecoin #PoW #Halving
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
litecoin.org
Is silver going to $26 per ounce? Maybe. In our preceding discussion on silver, we delved into the dynamics of supply and demand, highlighting the deficit in supply compared to demand throughout 2022. In addition to that, we talked about how this opportunity, coupled with some other factors, could present an interesting opportunity to go long silver. Since then, the price of silver rose from around $22.50 to more than $25 just a few days ago. Currently, one troy ounce of silver trades around $24.85. We continue to be bullish on silver and pay close attention to the area between $24.55 and $24.64. If silver manages to defend this area and ideally hold above it, it will be bullish. But if it fails and drops below its 20-day SMA near $23.90, it will prompt us to secure profits. At the moment, our price target of $26 stays in place.
Illustration 1.01
Illustration 1.01 displays the daily chart of XAGUSD. The yellow arrow indicates a bullish breakout from the downward-sloping channel.
Technical analysis gauge
Daily time frame = Bullish
Weekly time frame = Bullish
*The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages.
Please feel free to express your ideas and thoughts in the comment section.
LTC - The #Halving is Around The Corner ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
LTC has been trading within a significant range between 85 and 100. Currently, from a short-term perspective, LTC is showing a bearish trend as it is trading inside a descending red channel.
The upcoming LTC halving is worth considering (in 24 hours), and two potential scenarios can be anticipated:
📈 Scenario 1: Bullish Takeover - Medium-term perspective
For the bulls to gain control in the medium-term, we need to observe a daily momentum candle closing above the key round number of 100.0.
📉 Scenario 2: Short-term Buying Opportunity
In parallel, if LTC's price approaches the demand zone near 83.0, we may look for short-term buy setups on lower timeframes.
This could present an opportunity for traders to capitalize on potential price rebounds from the support level.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bell Equipment ready to rocket to R20.54W Formation formed on the daily.
We have had a recent breakout and it's been a weird one.
Due to the illiquid nature of the share, the wicks are quite large.
So I've incorporated both wicks and bodies to the W Formation in this case.
Other signals point upside:
7>21>200
RSI>50
Target 1 will be to R20.54
ABOUT THE COMPANY
Bell Equipment is a South African company renowned for its design, manufacturing, and marketing of equipment used in construction, mining, and other industries.
Founding:
Bell Equipment was founded in 1954 by brothers Irvine, Malcolm, and Peter Bell.
Headquarters:
The company is headquartered in Richards Bay, South Africa.
Global presence:
Bell Equipment has a global footprint with strong distribution networks throughout Africa, Europe, the Americas, the Middle East, and the Asia-Pacific region.
Public Listing:
Bell Equipment is listed on the Johannesburg Stock Exchange (JSE).
Bell ADTs:
Bell is most notably known for its Articulated Dump Trucks (ADTs), recognized for their innovative design and reliable performance. They are a leading brand in this field worldwide.
Diversified products:
Besides ADTs, the company produces a wide range of machinery, including loaders, haulers, tractors, and backhoes, for applications in construction, mining, forestry, waste handling, and agriculture.
Bell Equipment's products are used worldwide:
The company's machinery is used in over 80 countries worldwide.
Insimbi showing downside to 86 centsRounding Top has formed on Insimbi after its rally from the W Formation.
21>7 - bearish.
Price>200 - Bullish
Target 86 cents
Warning is that this chart is unattractive for a trader:
It signals Illiquidity and low volume with HIGH volatility.
No matter what trade you take, I consider it a LPT (Low Probability Trade).
ABOUT THE COMPANY
Insimbi Industrial Holdings Limited is a South African company primarily involved in providing steel, aluminum, and other alloys to industries in South Africa and internationally.
Inception:
Insimbi was established in 1973, initially as a supplier of foundry and steel-making raw materials.
Public Listing:
The company was listed on the Johannesburg Stock Exchange's Alternative Exchange (AltX) in September 2008.
Expansion Through Acquisition:
Over the years, Insimbi has grown through various strategic acquisitions. For instance, in 2018, it acquired Group Wreck Non-Ferrous Metals, a company involved in the trading and processing of non-ferrous metals.
Merafe upside from the newest C&HCup and Handle formed with Merafe with the previous Breakaway gap that took place.
The price has broken above the Brim level and is flirting with the 200MA.
Also the price needs to move up to fill the gap.
These are all bullish signals including:
7>21
Price<200
RSI>50
Target 1 will be to R1.47
ABOUT THE COMPANY
Merafe Resources is a South African mining company that operates in the ferroalloys sector, predominantly in the production of chrome.
Partnership with Glencore:
Merafe Resources is best known for its partnership with Glencore. Through its subsidiary, Merafe Ferrochrome and Mining (Pty) Ltd., Merafe participates in the earnings of the Glencore-Merafe Chrome Venture.
Primary commodity:
Merafe's main commodity is ferrochrome, which is a key ingredient in the production of stainless steel.
Formation:
Merafe was incorporated in 1987 and has been listed on the Johannesburg Stock Exchange (JSE) since 1988.
Headquarters:
The company is headquartered in Bryanston, Johannesburg, South Africa.
Extensive operations:
The Glencore-Merafe Chrome Venture operates five ferrochrome smelters, 22 ferrochrome furnaces, and nine mines, making it one of the largest ferrochrome producers in the world.
Sustainable mining:
Merafe has an Environmental Management Program (EMP) in place, complying with the National Environmental Management Act.
Women in leadership:
Merafe has made strides in promoting women in leadership positions. The company's CEO, Zanele Matlala, is one of the few female CEOs in the South African mining industry.
South32 living up to its name - Target R37.31Inv Cup and Handle formed on S32 and the price broke below.
Not the momentum is picking up and things aren't looking good for it.
We have other indicators...
200>21>7
RSI<50
Target 1 will be at R37.31. But I'll update as we go.
ABOUT THE COMPANY
South32 is a global mining and metals company.
South32 was founded in 2015.
The company was initially a part of BHP Billiton before it was spun off as a separate entity.
The name "South32" is derived from the latitude line that links its two main hubs in Australia and South Africa.
South32's portfolio includes operations in mining and production of bauxite, alumina, aluminum, coal, nickel, silver, lead, and zinc.
South32 operates across several continents, including sites in Australia, Africa, and South America.
The company's headquarters are located in Perth, Western Australia.
South32 is listed on three stock exchanges: the Australian Securities Exchange (ASX), the Johannesburg Stock Exchange (JSE), and the London Stock Exchange (LSE).
One of its significant assets is the Cannington mine in Queensland, Australia, one of the world's largest producers of silver and lead.
We are Eventually Going to Make it Bitcoin MinersHOLDINGS:
SMSN LI 80 86,080.00
TSM 711 53,723.16
NVDA 577 87,300.10
RIOT 26,791 121,363.23
AMD 1,146 86,351.10
ARBK 101,865 424,777.05
BITF 225,762 264,141.54
88,278 123,589.20
CIFR 98,267 149,365.84
CLSK 97,259 393,898.95
19,309 31,087.49
DGHI 89,753 94,240.65
DMGI CN 607,264 116,409.92
GREE 26,792 66,712.08
HIVE 77,495 250,308.85
HUT 58,605 80,874.90
INTC 2,394 88,554.06
IREN 38,126 125,815.80
MARA 12,540 70,851.00
MIGI 105,920 112,275.20
SATO CN 116,864 20,162.10
SDIG 72,314 125,826.36
27,681 38,753.40
Cash & Other 2,826 2,826.01
The Fund is an actively-managed exchange-traded fund (“ETF”) that will invest at least 80% of its net assets (plus borrowings for investment purposes) in securities of companies that derive at least 50% of their revenue or profits from bitcoin mining operations and/or from providing specialized chips, hardware and software or other services to companies engaged in bitcoin mining. The Fund will not directly invest in bitcoin, or indirectly through the use of derivatives or through investments in funds or trusts that hold bitcoin.
#BTC/USDT 4h (ByBit) Head and Shoulders near breakdownBitcoin could retrace down to 100EMA support after a last liquidity grab towards right shoulder.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (13.2X)
Amount: 5.0%
Current Price:
30223.7
Entry Targets:
1) 30553.4
Take-Profit Targets:
1) 28712.5
Stop Targets:
1) 31476.1
Published By: @Zblaba
CRYPTOCAP:BTC #BTCUSDT #Bitcoin #XBT #PoW
Risk/Reward= 1:2
Expected Profit= +79.5%
Possible Loss= -39.9%
Estimated Gaintime= 5-10 days
bitcoin.org
$BTCM chart analysis 👁🗨️*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*
This morning my team purchased shares of Bitcoin Mining Company
NYSE:BTCM at $2.70 per share.
This post is mainly intended to allow others who are currently invested in this company to look at it through our own lens. NYSE:BTCM has strong ties with Hong Kong which is being used as a regulatory crypto hub for China. In addition, back on May 1, 2023 NYSE:BTCM announced its "Next Generation of Litecoin/Dogecoin Mining: LD4" which is designed for mining on the DOGE and LTC blockchains with "peak hash rate and energy efficiency." With Bitcoin now eyeing $35000-$36000 we can soon expect altcoins (particularly Ethereum and Doge) to run behind and catch a late run.
Billionaire Elon Musk who now owns twitter may also be planning to utilize Doge and integrate it with twitter. This is speculation of course but if this becomes reality expect Doge to run hard and NYSE:BTCM will also share the glory.
Our target right now is $4.66 if Bitcoin approaches $35k-36k. Good luck!
Our Entry: $2.70
Take Profit: $4.66
Stop Loss: $2.53
If you want to see more, please like and follow us @SimplyShowMeTheMoney
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.
ASX: LEL - predicted $1.40, soon to be a lithium giant.Hopefully we close above the 50ema today, otherwise we'll be opening bellow it on Monday.
I believe we've already broken out of our "bear" market.
Using the Volume Profile indicator, I've found key areas where price reverses its trend. Every dip bellow the POC has been followed by large growth. Considering SP hit a 2 month gain of 104% after it dipped bellow the POC, it's safe to say the market is reacting to that and retail investors are taking profits. This is healthy market movement after a company doubled their MC.
Now, SP is sitting at a very key level, perfectly sat within the .5 fib, and price action moving closely to the POC. A dip bellow it in my books really wouldn't be the end and could probably cause a huge jump in SP.
The 2 Month POC is going to act as a level of resistance once price action moves closer, but breaking that will mean huge moves.
Ghost trend isn't meant to represent expected SP movment, simply a guide to show current trend. (We've been moving up for months, clearly we're just looking at a healthy market retrace)
$1.40 Level could see some heavily selling once reached due to past double top pattern at that level.
Cameco Testing Upper Triangle Line
Cameco Stock Price Analysis - Triangle Pattern Breakout and Potential Price Support
Weekly Chart Breakout: Cameco ( NYSE:CCJ ) has made a significant move on the weekly chart timeframe with a breakout from a triangle pattern. This bullish pattern breakout suggests the potential for sustained upward momentum in the stock's price.
Price Pullback: Following the breakout, Cameco's stock price has retraced back to the upper line of the triangle pattern, which now acts as a crucial support level. Traders and investors will closely watch this area as it may provide a strong foundation for the stock's next move.
RSI Analysis: Assessing short-term momentum, the Relative Strength Index (RSI) indicator provides valuable insights. Currently, the RSI for Cameco appears to be in a neutral zone, suggesting a balanced market sentiment. Traders will monitor for any potential divergences or significant shifts in RSI to gauge potential price movements.
PPO Indicator: Furthermore, the Percentage Price Oscillator (PPO) serves as a valuable tool in short-term analysis. A positive PPO indicates upward momentum, while a negative PPO suggests potential downward pressure. Traders will observe for convergences or divergences in the PPO, as it may signal changes in the stock's direction.
Keep an Eye On: As Cameco's stock price retraces to the upper line of the triangle pattern on the weekly chart, traders and investors will pay close attention to price action for confirmation of support. A bounce from this level could validate the breakout and potentially lead to further upward movement. However, market dynamics can shift rapidly, so caution and ongoing analysis are essential.
Technical analysis provides insights but is not definitive. It's crucial to consider other factors, including fundamental analysis and broader market conditions. Always conduct your own research and seek professional advice before making investment decisions.
Fresnillo: Bearish Success 💪🐻The Fresnillo-bears can announce a first success: Finally, the share has arrived at the support at GBP 610! Next, our furry friends should push Fresnillo below this mark to gather further downward momentum. Then, the share should also pass the support at GBP 456.60 to develop wave C in turquoise. However, there still remains a 20% chance that Fresnillo could change direction and climb above the resistance at GBP 997. In that case, we would expect the share to place the new top of wave alt.B in turquoise in the turquoise zone between GBP 1086 and GBP 1292 before turning downward again.
Cameco... Still GoingCameco continues to gain in price as spot uranium moves higher. We are seeing textbook breakout out of a triangle pattern with Cameco on pace for its highest monthly close since February of 2011.
Lower PPO indicator is in the process of a bullish cross of the green PPO line above its purple signal line. Both of these lines trending above the 0 level indicates that the overall momentum behind price is bullish, and with the bullish cross of the two lines it means that the short-term momentum is shifting back to positive as well.
Lower TDI indicator shows the green RSI line back in the upper half of the Bolling Bands which indicates a shift back to positive price trend. The green RSI above 60 indicates that the bullish trend is increasing, and as long as the green RSI continues to trend between the 40-80 levels going forward the longer trend behind price will be considered bullish. This is from the Cardwell RSI strategy which is one of the best methods for reading the RSI if you aren't already a fan of the Cardwell RSI.
Cardwell RSI: youtu.be
The nuclear movement has a fan in Oliver Stone who recently created and released a documentary about the need for nuclear power: www.nuclearnowfilm.com
(ASX: $SPQ)
ASX:SPQ Potential move to Z2 (Zone 2), due to increasing bullish volume, interest from retail, and organisational bodies.
I don't think we'll see major moves in share price until we get some interesting market news.
Top 20 Holders have remained the same over the last 2 years, current price reduction represents retail investors cutting losses. Despite having positive market news in April, sophisticated investors did offload some of their shares, not for a huge profit, but in order to buy back in at a lower price.
ASX:SPQ Recently raised $4M AUD to proceed with further drilling and exploration projects. Options have been released with an execution price of 0.06c before Nov 24.
This can be viewed positively, as the company is confident in its short to medium term capability, and is expecting to please investors.
The top 20 Holders own roughly 31% of market share, considering they have remained the same over the last 2 years, we can be confident that they aren't going to dump huge volume on us retail investors.
We can use the RSI to visualise how the institutions are maintaining a level of support at this key level, hopefully pulling us out of this 3 stage downtrend.
I'll try and update this Idea as we get more information from the company in this exciting time!
Barrick: Barrick Bears 🏉Ever heard of the Barrick Bears? They are a great team, which should help to push our primary scenario for Barrick. Currently, they have to fight against a little bullish counter reaction, but soon they should drag the share below the support at $12.65 and into the yellow zone between $11.97 and $6.32. There, wave (2) in yellow should end and therefore a fresh upwards movement should start. However, there is still a 25% chance for the Barrick Bulls to intervene. They could urge the share above the resistance at $22.80 and thus trigger further ascent.