BIT Mining Limited BTCM

SewellBrokerage

inverse HS, bullish divergence at support. it doesn't really get any better than that.

PlanTradePlanMM

Trendline break Entry 9.2 Stop 7.4 Target 18 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.

Erictaylor

Looks to have to reclaimed potential descending traingle. We had a fake breakdown from. We now look ready to breakout any day now I’d keep an eye on this beast

Trainwreck

Once Bitcoin finds it's pivot point longs on BTCM will be back in business - if Bitcoin can recapture 45,000 this asset can resume the rise to fib golden zone at $30

FriscoTrades

BTCM broke bearishly out of the pennant but is still holding the short term uptrend nicely (buyers showed up exactly on cue at 9.30) So long as she holds the line I'm in this trade.

KhanPhelan

Found solid Deman at $10, bullish Stochastik divergence, looking good so far

FriscoTrades

Notes in the chart. Barring any overly bearish market weakness, technically BTCM has one of the best setups going into the next few weeks.

FriscoTrades

Nice bounce off EMA cloud. Watching for possible rejection at these levels short term , esp with tomorrow being OPEX Break above $12.36 she can go Up +7% today so far ... My bias is a retest of the 200MA ($11.7 zone) with follow through to the upside next week... just an idea.

FriscoTrades

In the short term, may see more downside before next push up. Overall longer term Bias is bullish, however slightly over bought and bearish spinning top showing market uncertainty on Friday's close. Hoping for a little dip to add to my Oct $12.50 call position. Watching Ripster EMA clouds as support.

FriscoTrades

Closed a few contracts at 200% but still holding October 12.50 calls for a swing. Weekly we see bullish MACD crossing and a close above AVWAP. With BTC above 52K now, my bias is towards more upside.

kryptokreams

🐻 🌈 Bears are sus Bears are sus Bears are sus U+0020U+0020U+0020U+0020U+0020U+0020U+0020U+0020U+0020U+0020U+0020

FriscoTrades

Bit mining limited exploded today up +35% , but looking at weekly chart it appears to have much more... Want a close above the AVWAP at $11.57 this week for confirmation of continuation. Couldn't push through the heavy resistance at $14.3, but a break of this and $19.5 comes quick. Good volume so far... Long 10/15 $12.50 calls 1.25 average

burtnette

Funny how I posted a bunch of ideas over the past few days. Many of them got at least a few likes, but this one got none. Now here we are 2 days into it and already hit the circuit breaker up haha.

GEOTRON

Feeney Factor algo confirmation alongside a daily breakout of Kumo. Enter trade on 9/1 after price closed above horizontal resistance of $9.38. Anticipating a kumo breakout which would quickly become support. White vertical horizontal is measured from previous move. Then, matched vertically to measure a 1:1 move. Price target is just shy of that 1:1...

burtnette

Working on an inverted h&s. Could be an easy double if it can stay above $9.

Trainwreck

The traditional market do not fully understand crypto yet and the lag between #Bitcoin and #crypto related stocks is extremely easy to capitalize on... BTCM is a Bitcoin and crypto mining company that is publicly traded on NYSE so I am very interested in owning ALL of this stock but I have been forced to trade in and out due to the correlation being so obvious....

zAngus

With the price of BTC steadily going back up, some of the Bitcoin miners are seeing a nice rapid recovery in their prices as well. There are quite a few out there, but my new crane indicator says this one looks petty good in terms of potential upside.

zAngus

BTCM is looking bullish with the Bollingers starting to really squeeze and a good rise in price last trading day pushing it back over its 20 day moving average. With Bitcoins price rise a lot of these kinds of stocks will hopefully get a flown on benefit. NASDAQ:BITF is a similar stock I bought last week. Will be keeping an eye on this one as well.