Cryptocurrencies – What’s going to drive investors interest and key risks to consider
Ed Moya, Senior Market analyst at OANDA joins me for a focus on Bitcoin and the cryptocurrency sector broadly. We start by recapping the news from last week both positive and negative. I have Ed share some insights on big money interest in the space now that there are a few more solid investment options for the sector and what the Coinbase IPO means for investors.
Click here to follow along with Ed’s daily note on a wide range of markets.
BC looks like it’s finished. Look at that weekly RSI and rolling MACD:
https://stockcharts.com/h-sc/ui?s=%24BTCUSD&p=W&yr=3&mn=7&dy=0&id=p24029245334&a=919217452
I bought more IPT today at below .76 on average.
https://stockcharts.com/h-sc/ui?s=IPT.V&p=D&yr=1&mn=5&dy=0&id=p02325143443&a=539900298
Still my number 1 holding %wise in my account.
I bought more today and trimmed some big gold miners to do it.
Also bought quite a bit more SGN today and yesterday. Last week:
SCORPIO GOLD REPORTS 9.02 G/T GOLD OVER 7.4 METERS FROM ONGOING UNDERGROUND DRILLING AT GOLDWEDGE, NEVADA
https://www.scorpiogold.com/news/scorpio-gold-reports-9.02-g-t-gold-over-7.4-meters-from-ongoing-underground-drilling-at-goldwedge-nevada/
I was thinking 10 cents was the buy but every time it has spiked down through the bottom boli it has been a good buy in moment; I think I see what you are reading in the chart.
I don’t know where it will bottom but I like it a lot at .11 and even several bid increments higher.
https://stockcharts.com/h-sc/ui?s=SGN.V&p=D&yr=1&mn=3&dy=0&id=p52822237928&a=803269996
Thanks for the charts again, Matthew, I own both IPT and more SGN and have been doing very well with GGO also. Group Eleven is marching up also and I own it too. Not the best chart but couldn’t find one on Stockcharts.
https://www.groupelevenresources.com/investors/stock-information/
SCZ Santa Cruz, looks like a break out, I own some.
Hi Dan, I pulled up a chart of Group Eleven on my trading platform and it looks great. This year is going to be far better than the bears would have you believe and I have a feeling GDX will easily top 39 before taking a little break. Our juniors will likely start catching up well before that.
https://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=1&mn=0&dy=0&id=p16044206053&a=938437763
Rupert drills 188 m of 4.4 g/t Au at Pahtavaara
[2021-04-20 07:11]
Rupert Resources Ltd. has drilled 188 metres of 4.4 grams per tonne gold at its Pahtavaara project in Finland.
Discovery Silver drills 128m of 165 g/t AgEq at Cordero
[2021-04-20 07:14]
Discovery Silver Corp. has drilled 128 metres of 165 grams per tonne silver equivalent at its Cordero project in Mexico.
Osisko Mining drills 2.4 m of 106 g/t Au at Windfall
2021-04-20 07:08 ET – News Release
Mr. John Burzynski reports
OSISKO INFILL DRILLING RETURNS HIGH GRADE AT LYNX
Osisko Mining Inc. has provided new analytical results from the continuing drill program at its 100-per-cent-owned Windfall gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec.
Silver Tiger drills 0.5 m of 4,668.5 g/t AgEq at Tigre
2021-04-20 07:27 ET – News Release
Mr. Glenn Jessome reports
SILVER TIGER INTERSECTS MULTI-KILOGRAM SILVER MINERALIZATION IN DRILL HOLES 219 AND 217 LOCATED 250 AND 1,025 METERS SOUTH OF DISCOVERY HOLE 202
The most dangerous people in the world are very smart traders who have never gotten their teeth kicked in. The new era. Easy come, easy go. Cryptos anyone. How about those high flying stocks with a 1000 ++++PE.
Don’t worry though, it’s different this time. 🕛