The great power of the Bitcoin ecosystem, where is the hash rate coming from? Miners. And most of these miners have bases in Americas only. Most of the Eurasia / South America / Central America (El Salvador Volcano) are not publicly traded yet or direct government related but I suspect this trend is occurring globally. Forget the Moon race, its the Hash Race....
NASDAQ:RIOT If the price of RIOT breaks above the bullish line of 20.60, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target prices could be set at 22.45, 25.70, and 28.40. Conversely, if the price of RIOT breaks below the bearish line of 19.15, it may suggest a bearish signal, implying potential downward...
🔹POSITIVE signals inverse head and shoulders formation with resistance breakout at 14.72 and potential next resistance at 24.50. 🔹RSI curve shows rising trend to supporting POSTIIVE trend. 🔹RSI above 70 indicates strong short-term POSITIVE momentum. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom |...
BTBT, a stock with cryptocurrency mining activities, has been on a long sustained trend up this year of 500% reflecting the crypotcurrency recovery and resurgence. In the past week, it has pulled back and is now setup for an entry. This stock is similar to RIOT and MARA but with a lower price and market cap. It had been trending along the second deviation...
COIN popped today with vigor as traders seem to recognize the resurgence of crypto. On the chart, the pop has adequate volatility and high relative volume. The RSI indicator shows RSI crossed over 50 the prior day and is now nearly at 100. The question arises, can COIN continue or will it consolidate or reverse? Please comment with your opinion.
Cleanspark is on pace to reach 10eh/s in the next 30-40 days. That is late july early august. They have the miners on site and racking. They also have the miners already purchased and being delivered to reach or possibly exceed 16eh/s by the end of the year. This is a miner that has been lagging against all others. As book value goes they are severely undervalued...
Coiling in a textbook fashion. Right side of inverse handle likely to be formed up next. I'd expect a pullback again there for more consolidation. T1: 14 SL: 11.30
BITO seeing some massive dark pool activity and chart looks bullish IMO as it's currently building a falling wedge and resting near 100DMA which has provided support and resistance recently First target $17.70 , stop at a close below $14.80
Dips getting bought around 10$. Price range it's getting tight with a nice bullish flag pattern forming. I would like to enter before the breakout happens (if it happens) with a very small risk.
Got in calls a little late but love how we held higher time frame support around 10:30 at $10.33. Expecting this to bounce to $11.75 later this week. Might be able to catch some calls on this one over $10.81 if you keep an eye out.
Riot is a stock we have traded several times with options contracts. options expiring in May in the 12-15$ region are potentially very lucrative. I personally went with 12$ strike May 26th on the bounce of the red line before flag break.
Looks ready to run back to ~14.80, possibly higher depending on the push we see in BTC. I'd be cautious at 14.80, and extremely cautious at $21.20.. Shorter term.. I don't think this stock rallies to new highs until 2025.
Resistance (Major) @ 20.31 TP2 @ 20.00 (close trade) Resistance (Minor) @ 14.23 TP1 @ 14.00 (shave 50%) BSO @ 15.50 BLO @ 7.27
I mostly trade bull flags, especially if they are following a previous cup and handle breakout. Here is an example of a bull-flag we traded that played out to a massive upside, we used 30 day expiration calls on a strike of 10$ for this particular setup.
As seen on the 4H chart, BTBT is triggering a breakout from a High Tight Flag Pattern ( see the link below) supported by the MACD crossing the zero line from below and the ADX indicator showing the beginning of a bull trend abuve the green line at ADX 20. Earnings are soon upcoming on March 29th and the prior earnings...
First one but after this yall be listenin' close up Chart says we will be at $3.62 mid Q2 23' Then $5 something into Q3 after summer she rip to $11.5 Then she dumps to $7 on announcement of merger with Hut8 (USBDC failed vote), retaining the Terawulf brand $7 to $26 After massive stock buyback program followed by announcment of the industries first...
Test of UOI indicator mixed with simple trendlines and own TA measures. Assuming trendline breaks, looking to see how accurate or long the sell signal reacts. 15 min time frame of course.
Fundamentals: Riot Platforms, Inc is a Bitcoin mining company that survived the recent downturn in Bitcoin price, unlike some of its competitors. That's as much as I need to know. This trade is a leveraged bet on Bitcoin. Bitcoin recently completed a weekly Wyckoff accumulation pattern, which was confirmed by the break and hold above 26k. Technicals: Crypto...