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HIVE Digital Technologies Ltd. V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd is a Canada-based data center company. The Company owns green energy-powered data center facilities in Canada, Sweden, and Iceland. The Company also builds and operates data centers in North America and Europe. Its hardware powers cutting-edge projects ranging from Web3 to AI and high-performance computing (HPC). It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). The Company's GPU fleet includes 4,000+ NVIDIA A40s w/ 48 GB RAM, 400+ NVIDIA RTX A6000s w/ 48 GB RAM, 12,000+ NVIDIA RTX A5000s w/ 24 GB RAM and 20,000+ NVIDIA RTX A4000s w/ 16 GB RAM. It operates over 100 MW of data centers in Canada. The HIVE Cloud is an enterprise-class service offering affordable computers for demanding applications, including AI training and inference. It also operates 46 MW in Iceland and Sweden. It also operates a 30 MW data center in Lachute, Quebec and a 70 MW data center in New Brunswick.


TSXV:HIVE - Post by User

Post by lmmddron Feb 08, 2020 5:57am
169 Views
Post# 30661776

Bitcoin: Rare indicator Ichimoku Cloud turns green!

Bitcoin: Rare indicator Ichimoku Cloud turns green!
If you haven't heard of this one before, it is because this signal is so rare.

Lets have a closer look on this:

User image

Fullscreen image: https://i.imgur.com/RRn6OYZ.png

Ichimoku Cloud turning bullish
As you see on the chart the roll-over/switch on the Ichimoku Cloud since the December 2017 All Time High ( ATH ) has only happened three times. Three times in the span of more than two years. And now we just had the fourth occurrence.

The role of Golden/Death Crosses (MA50 and 200)
I am sure most of you are familiar with the Golden/ Death Cross formation, the strongest of which occur when the MA50 crosses above the MA200 (Golden Cross) and vice versa (Death Cross). As you can see on the chart, after every bearish Ichimoku roll-over, a Death Cross follows shortly after. Respectively after every bullish Ichimoku roll-over, a Golden Cross follows. Since the new Ichimoku Bullish roll-over just took place, a new Golden Cross in pending (see on the chart how the MA50 and MA200 have already started to converge).

Read more here: Tradingview: BITCOIN Ichimoku just gave a strongest BULL SIGNAL possible!!
 
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