BITF has been on my radar for a few weeks now and have been waiting for a good entry point. With SPRT and BTBT breaking out i believe BITF will follow as well. Daily chart shows a bullish flag playing out, and if you take a look at the candlesticks you can see how it is trading within the flag. Volume seems to go down as well, while the MACD is closing red getting...
got fucked up with the first long so i am gonna try it again...
hopefully it doesn't break down that blue line and hope this bullrun of the crypto continues without some stupid news of the feds, and the mixer getting convicted.
if bitcoin rally continues, this stocks will have a drastic increase in price since it controls 1 percent of bitcoin mining with a sustainable energy. if this company's true intent is really true, then it should play out very good. better than some alcoins for sure.
BITF should expect very strong support at $6.27 range.
This is a Major trend fib (0.618) and highs from previous peaks.
If this fails more downside will occur. S/L below this level to protect gains.
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and...
BIT FARMS now trading at $7 and still anticipating a sell off wick to $5 or lower before the move above $10 and break ATH! I have this finishing on a 4.236 Fibonacci extension getting us close to $25, holding till $55 personally. RIOT and MARA ($37/35) are similar BTC mining companies to compare stock price with. Bit Farms is located in Canada and uses hydro...
Pupm&Dump trading strategy idea.
$BITF is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $7,47;
stop-loss — $8,20;
take-profit — $6,02.
Do not view this idea as a recommendation for trading or investing. It is...
Bitfarms Ltd. is a canadian bitcoin mining company. Resistance at $6.45, as that is highest close and tested that level twice already. The chart basically follows bitcoin, so I am going to write about bitcoin mined compared to RIOT and MARA. BTC mined for BITF in may 2021 = 262, RIOT = 227, MARA = 227. June 2021 = 265, RIOT = 243, MARA = 266. MC of BITF is 5x...
BITF has gained some ground thanks to the interest and attention on crypto prices this year. After doing a fib retracement using last December's low as an anchor, some interesting areas have been revealed. First, the 50 Fib is a clear area of high traffic. While BITF has managed to trade at these levels, it hasn't had the best time holding above it for extended...
Bitfarms is up over 1300% for the year and looks like it is starting to run again with Bitcoins recovery.
From the company description, Bitfarms Ltd. owns and operates blockchain farms that power the global decentralized financial economy. It provides computing power to crypto currency networks such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash, earning...
Bit Farms now breaking out of the wick lines created from the previous wick ups. we just broke the 3rd one, finding support here around $5-6 would be huge. Now listed on NASDAQ and eventually will be comparable in price to MARA and RIOT.
$6.11! as you can see in my green projected EW we hit $6.09 and today we wicked out to $6.11, pretty impressed with myself to be honest! more to come. Holding my position to $50+ BFARF BOYS 🤮🤮🤮
