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There is currently a descending triangle in formation, with a strong support in place, RSI has nowhere else to move but bullish as its flat and MACD is about to cross-over and break at 0.
Hi All,
A breakout to the upside is imminent
So I have shares outright on my IG account but I put a quiet a fair bit a point on my spreadex spreadbet account ; I have just realised that they have changed the option to spreadbet on CLP to "closing positions ONLY" bearing in mind they have an 11-12% stake in CLP to hedge any position; even they know this will take off.
This will break 3pence tomorrow, I see a 2.95p finish today; there is currently a ascending triangle in play with fundamental news imminent this has nowhere to go but up
On a side note I have now bought a miner, the antminer Z15 which will specialise in mining Zcash, maybe CLP should look at mining Zcash as oppose to BTC as its much more profitable.
They have to wait 2 weeks or 3 , because they are looking to add a few more s19's to the Serbia unit. Therefore the lead in times are roughly a week and a half
This is based on the price of BTC being $57,000.
Hi all,
Just wanted to give those that are looking for
precise figuress what a £1m investment into a miner would get you. Currently for BTC the most cost effective miner is an antminerS19; as it requires less watts per TH/s. Clear leisure will be able to acquire 160 of S19 units giving an overall TH/s rate of 17,600; which mean everyday CLP will generate a revenue of $6100 with an energy/maintenance cost being as low 5% = $5795 in profit a day .
I cannot wait for the day that the RNS comes out and states "CLP have now received their mining units and are now underway mining BTC" . Until then I will be logging off fellow peers; I will catch you all in a few months.
Whilst you're at it, let me borrow your wife for the weekend too :D
@Gazala The reason why I mentioned OTC to be a key element to this puzzle is because the Americans love crypto mining firms, look at Hive blockchain they are currently hovering around $5 CAD and they are mining less BTC than ARB. OTC is the money maker but first CLP MUST BEGIN MINING
Hi all,
in short If we start mining this year I presume CLP will try to get themselves listed on the OTC market if this happens I predict the price to be at 70pence at the end of the year, based on :
- we start mining and we can mine at least 8 BTC a Month
- BTC remains above $47,000
- We can utilise renewable energy to reduce our cost
- CLP list themselves on OTC ( this is the BIG ONE; the hype would catapult them)
61.8 on fib achieved; this will climb back to 3.04 then retrace to try to complete a head and shoulders pattern which I see it failing then onwards and upwards.
You might want to change brokers, because the lowest buy price I've received is 3.496
Furthermore, to support this, if the actual share price went below 3.39p you would see it complete the double bottom and move towards 2.85, which as you can see is struggling to do. The sell price hitting 3.30p means nothing now and like I said is just a stop loss hunter. Now we rebound and finish blue.
Dont worry about the sell now, you look at where the actual share price is, that false sell price is a fake break-out to catch any stop losses; the price is not below 3.39
The price will hold from this point onwards and will not break 3.39p I am an investor not a trader but I wanted to top up my holdings on the dip
OOOH would you look at that the sell price is at 3.39p
no son, this will happen. I am sorry you fail to understand basic technically actions, based on patterns, if you go to H4 you will will see a formation of a double bottom or "M" and the market must go in that direct to test the support.
the sell price will hit 3.39p then a rebound and a push towards the upside.