Trend line ready to blow after huge consolidation? Price is resting right up against it. Maybe good for a quick pop, at the very least. More consolidation needed I believe before trend swaps to bullish overall. *Not trading advice
NASDAQ:BTBT $BTBT on weekly looks bullish with RSI divergence, potential to reach Fibonacci targets after breaking the orange trend line Asking price now $ 2.97
BTBT - seen like a long consolidation waiting for a pump to come. Monitoring the volume and banker chips.
BTBT recently had to move a large chunk of it's mining operation from china to the us (which is now complete). This cut into mining revenue last quarter. Given the increases in bitcoin recently and apparent support at this longer term uptrend line (thick green gently upward slope), it seems there is a good case for further upside here. Given that 25% of this...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management The crypto market is at its loading zone. My team is loading up shares of...
The BTC chart is now at an important inflection point at the 42k level. Only a short while ago this was viewed as the most important support which then broke down opening a descent to ~~ 30k where we bounced and found new highs! So it's important to consider both the bull and bear case from here, wait for a clear direction to form, and trade in the direction of...
Could see a move back to 60k from here. MACD slowly turning up. Nice hedge against stonk rout. I am playing through both BTBT and HUT calls.
NASDAQ:BTBT Possible Scenario: LONG Evidence: Price Action. fill the gap TP1: 13.20$ TP2: 15$ Call options, Strike 15$, 11/19/2021 *This is my idea and could be wrong 100%
I created this Picture in my Technical Ananlysis class I did for friends. I created the Flat Bottom run up tool for a good support trend line up and exit. I love how this tool gives perfect exits as you see. I figured there would be no volume at that level and was due for a correction so I created a Triangle Drop pattern for the retrace. This gives me a...
forgot to share with you guys. will start posting more on here and will give ideas on what i think could happen and will tell you my averages etc. NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH. This was a decent play i made for some profits on btbt. i got in early for a long on my cfd account and made some bread!
DOGE ...like many altcoins has gotten beaten up for weeks but over the weekend (unless you're living under a rock), crypto is having a bit of a renaissance, DOGE included. So we took a closer look at some basic levels following a Fib retracement plot and wouldn't you know it, some interesting levels have emerged. Namely the 786 fib has clearly been a sticky area...
Bit Digital Inc (NASDAQ:BTBT) is developing a bull flag just under its EMA200 and the breakout should be a nice one if it can hold up. Keep an eye on BTBT as it is starting to tick up. The stock is in a short-term bull market and should continue to go up as both 13 day and 20 day exp moving averages are heading up. At this stage it is definitely a wait and see if...
BTBT hasn't had the best first half of the year and for most of the second and 3rd quarters, the stock was slowly bleeding. But thanks to that 100MW collab announced a few weeks ago, AND thanks to bitcoin getting its act together, things changed. Now BTBT is back at an interesting level I found after plotting the retracement for Q2 and Q3 so far. The 382 fib line...
Bullish flag pattern on 4 hr chart. With BTC and ETH up 1 -2 % over the weekend, look for Crypto stocks to get a little pump on monday. Open interest for Aug 20 expiry - 3100 $35 Aug 20 calls, 4600 $40 calls. MARA MSTR BTBT are other bitcoin related names to watch.
Bit Digital Inc is engaged in the bitcoin mining business. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. It generates revenue from cryptocurrency mining. Setup A Technically Setup A+ Fundamentally I was about to buy BTC on 5% of my capital, and...
Huge upside potential to $50 possible if we can break out to the upside from this Falling wedge!
Very strong revenue numbers Name change Bitcoin going higher Catch up to Riot and Mara Send it
I love bitcoin, but this run is looking pretty tired. The top may come soon - in the next few weeks as the coinbase IPO comes out. However, technically I see a lot of things getting weak in this chart. First, the bearish divergence between the RSI making lower highs while BTCUSD made higher highs. Next, we have a MACD that while turning up recently seems...