Get started
Bit Digital, Inc.Bit Digital, Inc.Bit Digital, Inc.

Bit Digital, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Forecast

BTBT trade ideas

BTBT Just an idea of things 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 breakout resistance trend line down and a support drop bounce in the lower part of the triangle. I added a channel curve to trajectorize my movement. I created the Double Top Sentiment incase there was no Vol for the Head N Shoulders within the channel to initialte. Two possibiliies but always prepared. Hope you like the art
NASDAQ:BTBT
by EMC2PRoPheT
BTBTThe movement of the paper is exactly the same as Bitcoin. In connection with the ongoing correction of this cryptocurrency, a BTBT correction is seen up to the price of 7.50, just as Bitcoin is seen to be corrected to 37500 levels, from where the security should supposedly exit the downtrend wedge-like formation and move up to $10 (+ 34% from the 7.50 entry point), and if bitcoin overcomes the resistance of 55,000, then we should see the achievement of the second target of 14.34 (+ 90% from the entry point 7.50). In order not to miss the movement, you can gain the position in parts on the correction, with the obligatory setting of the stop of the end of the day at the level of $6.24. You can also enter with options - given the high IV > 133% on the options board, it seems impractical to buy calls, you can sell monthly puts with strikes of $9, 8, 7, readily accept securities in the medium term, or set credit spreads on puts with normalized risk equal to your stop order.
NASDAQ:BTBTLong
by nur16i
1
BTBT , LONG This has been one of the more volatile name in blockchain and I missed out on last run ( though was long HUT earlier on as a day trade turned swing which om still in and is also worth looking at still btw) I like the price action today on BTBT and have taken a small position . The percent risk on stop is very high seeing as how I average 3-5% on most of my plays, so I have especially sized this one based on the dollar risk instead to respect risk. I think sizing this way helps to respect risk and is particularly important for this one ... Entry at 12.14 with stop vs 10.15 * NOTE : though price action is A+ today's volume is a D , would like to see volume come in before close to validate move today , ideally . Also, as per usual, will pay myself some profits at 2R if the trade is a success and attempt to follow up the rest
NASDAQ:BTBTLong
by NAK1987
Bullish flag BTBT. Daily chart on BTBT is giving us a bullish flag formation with the volume to support it. Look at how the volume spikes up at the flag pole and then it gradually goes down which is the body of the flag. RSI is steady heading towards overbought while MACD looks ready to close red and turn green. Using the flag pole method to calculate my price target for swing trading this i give this a 27 dollar price target. With bitcoin dancing around the 50k range i definitely see bitcoin miners do well.
NASDAQ:BTBTLong
by Dc1392