Cryptoblox Technologies Inc C.BLOX

Alternate Symbol(s): CRYBF

Technology Software - Application

CryptoBlox Technologies Inc. is a Canada-based blockchain technology infrastructure company. The Company is focused on building out its diversified blockchain ecosystem strategy that consists of digital asset mining and infrastructure, mining products and technology, and structured digital asset products and blockchain payments. Its infrastructure is based on the value chain that stems from off-grid/alternate energy powered digital asset mining, along with a diversified portfolio of sustainable mining and blockchain fintech products and services enabled by both the sustainable mining products and technology and structured blockchain products and services divisions. It is focused on providing alternate energy solutions to power digital asset mining operations throughout North America, with the first site being in Redwater, Alberta. Redwater is a modular air-cooled data center facility, powered by flared gas and equipped with heat recapture capabilities in Sturgeon County, Alberta.

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Cryptoblox Technologies Inc > Bitcoin mining stock rebound sharply

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Comment by Joseisokon Jul 06, 2022 7:21pm

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Post# 34806822

RE:RE:RE:Bitcoin mining stock rebound sharply

Joseisok wrote:

Joseisok wrote: Be carefull, bear trap.

What Is a Bear Trap?

A bear trap is a technical pattern that occurs when the price action of a stock, index, or another financial instrument incorrectly signals a reversal from a downward trend to an upward trend. A technical analyst might say that institutional traders try to create bear traps as a way of tempting retail investors to take long positions. If the institutional trader is successful, and the price moves higher briefly, it gives the institutional traders the ability to unload larger positions of stock that would otherwise push prices much lower.