Deutsche Telekom Launches Pilot Project for Bitcoin Mining Using Surplus Renewable Energy
Deutsche Telekom's Pilot Project: Deutsche Telekom is launching a pilot project in collaboration with Bankhaus Metzler to utilize surplus renewable energy for Bitcoin mining, addressing energy grid stability issues in Germany during fluctuating production periods.
Sustainable Energy and Blockchain Integration: The initiative aims to convert excess electricity from renewable sources into Bitcoin, enhancing operational efficiency in the energy sector while promoting blockchain technology applications in financial services.
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Technical Analysis for METIS
Technical Sentiment Analysis for Metis (METIS) As of , Metis (METIS) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for METIS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, METIS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Metis (METIS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.283 | 2.116 | 2.943 | 3.776 | 4.603 | 5.436 | 6.263 |
| Fibonacci | 2.116 | 2.75 | 3.142 | 3.776 | 4.41 | 4.802 | 5.436 |
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