Argo Blockchain Share Discussion Threads

[nico115] 26/1/2021 15:19

Yes a thoroughly depressing day for us allOh I so wish I was a lemming but instead held on as SNF was so convinced we would be 36 quid Moral of the story is don't listenTo lemmings

[alm6] 26/1/2021 15:14

Maddymoo, anyone that knows better please correct - BTCs wave 3 looks to have started around September and has been building slowly. The action with the US miners really started in December, there is obviously a lag but they are more volatile than BTC so have caught up and are roughly in sync. The 41k top was the top of sub wave 3 of BTC wave 3. We are caught in a long and very boring sub wave 4 with BTC, which should end with the resumption of wave 3 up to new ATH somewhere in the 50ks. SNF/2tyke are the best people to give you the wave counts.

[yump] 26/1/2021 15:08

Well I didn't like to say.

Bit surprised the share price didn't get into the 90's on the recent rally, but I guess some of the bigger traders bought 65-70p and were out above 80p. Looks like another bite at 60p+ might be possible soon.

[mnomis] 26/1/2021 15:01

Have never seen a chart from 2tyke as that would mean having to provide a forecast, as opposed to a lecture on how it all works and is influenced by nothing with zero useful information.

[yump] 26/1/2021 14:38

A prediction would be nice. Analysis and targets, with no time-frame are not a prediction.

[horneblower] 26/1/2021 14:35

maddymoo.
2tyke will, no doubt, clear this up with a chart.

[jamins] 26/1/2021 14:28

For chat Stocktwits is entertaining use Arbkf for the Arb specific forum on the site.

[maddymoo] 26/1/2021 14:19

Thanks alm6. So at what point did wave 3 start? Was Btc at 41k then end of wave 1?

[nico115] 26/1/2021 14:10

Yes this means there is complacency which means should trade down to 30k That's where I'm a buyer again GL buddies xxx

[mower] 26/1/2021 14:07

A bit off topic....hopefully someone can help? What is the best site for following US stocks.....or basically the equivalent of ADVFN in US.TIA

[nico115] 26/1/2021 14:01

I'm still a buyer at 30k though

[nico115] 26/1/2021 13:59

Btc IV at a discount : (

[alm6] 26/1/2021 13:47

Maddymoo, I wouldn't claim to be anything more than a beginner, but from what I see ARB has just entered its 3rd wave. Waves are fractal and so each wave is made up of sub waves etc. A 3rd wave will have sub waves 1-5 before entering consolidation in wave 4 losing as much as 38% of its gains. we are behind BTC MARA And RIOT in that they are toward the top of their 3rd waves (currently consolidating in sub-wave 4). Hope that makes sense...

[hootza616] 26/1/2021 13:28

Suffers, that zerohedge link story is something to behold. And I thought the US markets were regulated? What a mess!

[maddymoo] 26/1/2021 13:28

Alm6

Are you saying we are in the 4th wave?I'm a little confused as a complete novice!

[suffersnofools] 26/1/2021 13:06

Hootza - Tyke, well more precisely EW, is just telling you what you already know. BTC follows a 4 year cycle. You sell at the top of the bull cycle at the end of this year and let the 2 to 3 year bear cycle play out. Then another halving and another bull cycle........

[2tyke] 26/1/2021 12:50

Technicals is about being ahead of the curve, not behind it hootza, Which is why I gave a comprehensive analysis of arb just before the last decline, with target included...IN ADVANCE.
That means before hootza !
There is no change to the chart.

[hootza616] 26/1/2021 12:43

For what it's worth on the daily chart we may close below the 40MA for the first time since October so I compared the chart to the BTC rise in 2017.Question is are we at 121017 or 301218?

[volsung] 26/1/2021 12:36

Got a few more at 76.42p

[aidenabettin] 26/1/2021 12:36

$BTC/USDT futures heading to $12B(high).$BTC/USDT spot $3B(low).Just trading with little buying or selling $BTC