EBON- Make trap to catch the priceEBON- Make trap to catch the price:
-Demand zone.
-Key level support.
-Trendline resistence.
-Less supply volume.
.
Wait for demand to confirm and up!
EBON trade ideas
EBON possible triple bottomThis stock was at all time highs when negative reports came out. This is just a chart analysis the stock could continue to go down if the company is flawed and or they do not have significant revenues over time. However from a strict chart standpoint this setup looks like it could bounce from a triple bottom scenario. RSI and Stoch are very low and it looks like consolidation is happening. Any positive report based on this chart setup would cause a bounce upward. Might be a great time to enter and start accumulating the stock. Risk reward... bad news often does not last and there is a chance this company could come back with positive reports especially if Bitcoin continues to reach new highs.
EBON | Oversold Crypto Play | BounceEbang International Holdings Inc., through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines under the Ebit brand in China, the United States, Hong Kong, and internationally. It also provides mining machine hosting services that enable customers to operate mining machines remotely; and routine maintenance services, as well as engages in the development of proprietary cryptocurrency exchange platform. In addition, the company offers fiber-optic communication access devices, including multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent terminal products, which consists gigabit passive optical network, enterprise cloud gateway devices, industrial Internet of Things access devices, and business enterprise smart wireless access devices. It serves the blockchain and telecommunications industries. The company also provides foreign exchange trading and digital currency transfer services, as well as deals in virtual currencies. It sells its blockchain products directly, as well as through its website; and telecommunication products under the EBANG brand name primarily through supplier contracts. The company was incorporated in 2018 and is headquartered in Hangzhou, China.
EBON PLTR BLU CPNG LUL ASML GVP REDU SMH Cloud Poppingwww.tradingview.com
This is my Watch List for all the stocks in my 200 list that are popping the cloud. Red Flag means already has a green Candle and either ready to go or watiing for a solid green candle with no wick to signal your in. No flag means red or in the cloud and waiting for Green Candle No Wick to close outside of the cloud to signal. These are all good for a 1:1 or 2:1 Position based off the last node or if you cant find that...the bottom of the cloud as a stop loss. Some of these will follow a 45 degree angle up over a week or more time frame....If you want to take out profits and leave runners on these that would be a good way to make sure you dont leave anything on the table. I would also look at other stocks in the sector of whatever one you take interest in. if you see it doing the same move and going up in a 45 degree angle then this stock most likely might be following suit.
I am not a financial advisor do not blindly jump in on any of my trades without doing your own DD. This method is using a cloud I custom set the parameters to and piggy backing that off Wyckoff Method as this would be the last dip into liquidity or the first push after the spring (Accumulation or Absorption of the float) Also the Curve which would be (the spring or Launch) and the Key algo which is the path drawn in white.
by iCantw84it
10.23.2021
$EBON - $2.11 key levelEBON small cap company that has fallen sharply since beginning of the year. I like the recent break out against the downtrend but she still has work to do. You could look at this as an opportunity but the real opportunity should come after she gets over and closes above $2.11. Keep your stops in place in case we get another washout before end of October.
bouncing off lows, now trying to rally back to 3s+nice trend support here for EBON, over the 2.6 pivot resistance area we can target a move to 2.75 to 3+ in short term! stop loss can either be under trendline support(2.30) or under 2.13. decent risk reward here. good luck ! leave a like and follow for more :)
EBON Ebang Int. buy it cheaper than BlackRock !!On 5/7/2021 BlackRock Inc. held 858,760 shares of EBON Ebang International for a market value of $6.83Mil.
If we divide the value by the shares we will end up with an average price of 7.95usd per share.
And i don`t think they are willing to sell at a loss.
So if you buy EBON now, you will enter better than BlackRock Inc.
Isn`t it fantastic?
We see a strong support at 2.90usd and the last support at 2.40usd.
The upside is the 8usd resistance.
The price is now 3usd.
So you risk 20% for a potential gain of 165%!
I look forward to read your opinion on it!
Support/Resistance EBON & InflationIt's been said Bitcoin could be a hedge for inflation..... digital gold...Whatever the case, crypto stocks and miners could be something to keep in mind. EBON has gotten beaten up pretty good and is back at the historic support/resistance level. IF the inflation speculation is accurate, it'll be interesting to see if the stock can firmly break back above this level.
"Ebang is considered a relatively pure-play cryptocurrency stock as hot produces circuit chips and crypto mining machines in China. Both of these items are in high demand right now, coupled with a major shortage. Because of this, many investors are bullish on the future of the tech industry, and specifically with crypto mining companies like EBON stock. With this in mind, is EBON worth adding to your list of penny stocks to watch?"
Quote Source: Best Penny Stocks to Buy Ahead Of Inflation? 3 To Watch Right Now
$EBON - Ebang Sell Wall Resistance
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Ebang International Holdings Inc 🧙Ebang International Holdings Inc is an application-specific integrated circuit, or ASIC, chip design company and a manufacturer of high performance Bitcoin mining machines. The company's Ebit E10 model, is a commercial mining machine that uses 10 nm ASIC chips among other mining machine producers. It operates in single segment selling of Bitcoin mining machines and related accessories, telecommunications products and provision of management and maintenance services.
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$EBON - triple bottom, lets face facts$EBON could probably start a support group for bag holders.
Let's face facts. It has a triple bottom. What good comes from a triple bottom? Nothing.
It took a hit from Hindenburg and the stock tanked.
Other similar stocks to compare for Hindenburg hit pieces: NKLA and IDEX, just to name 2.
I would not touch NKLA with a 10 foot pole, but I do own and use IDEX for selling calls and just collecting premium.
Facing facts:
* Most IPOs need to dip below their IPO price before the market agrees that it has value of some sort.
* This stock has not done that. That is a tough fact to swallow, but not saying is worse than being honest.
* It has a triple bottom, which might as well be a flashing sign in time square saying "keep out"
* The bag holders, represented in volume shelves, show us how big the fight will be for this stock to be a good idea.
Entry zones:
1. 5.25
2. 5.66
3. 7.43
What I think could happen is that we dip down to $4/share before reclaiming any signs of hope, but hope may be resurrected. A modern day miracle.
I have my alerts set and should I see a reversal, of course I will make another post
