It broke the downtrend and is heading higher. It might retest the support line but overall I am bullish on this stock.
The 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...
Shorting to the 100 percent retracement so long as the 55 day moving average holds as resistance
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...
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!
BTBT - 18% Friday 17M vol, 4% AH .. $ closed above 200Ma / Weekly CP. Primed for Monday !
BTBT turned around after large volumes near July 26 and is now trading above the 180 Moving Average and has also flipped the MACD green. If volume returns after this retracement BTBT could reach for the previous high of around $20. Trade safe.
#1 Main Watch $BTBT HTF CBO Long Daily - Great decel PA over the last 3 days. 1 Low test and 2 inverse hammers is a bullish sign. I believe tomorrow will be make or break for this potential entry. RR - 3 Additionally on Watch: 22 stocks on development needed list Live Trades: $TLRY $MSTR $OEG $AMC $NSC
#1 Main Watch $BTBT HTF CBO Long Same same, LTFs look primed for an entry. RR - 3 Additionally on Watch: 21 stocks on development needed list Live Trades: $TLRY $MSTR $OEG $AMC $NSC
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...
#1 Main Watch $BTBT HTF CBO Long Still best op I see and valid just waiting on entry. RR - 3 Additionally on Watch: 14 stocks on development needed list Live Trades: $TLRY $MSTR $OEG $AMC $NSC
$BTBT HTF CBO Long Analysis same as before Watch for a 1HR breakout above the 50 ema and the descending triangle. I am maxed out on risk so wont be taking if an entry is given. RR - 3 Additionally on Watch: 9 stocks on development needed list Live Trades: $TLRY $MSTR $OEG $AMC $NSC
Pupm&Dump trading strategy idea. $BTBT 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 $12,69; stop-loss — $13,02; take-profit — $12,02/MOC Do not view this idea as a recommendation for trading or investing. It is...
#1 Main Watch $BTBT HTF CBO Long Monthly - Previous candle strong bullish low test Weekly - Break and retest of support/50ema Daily - Support/Decel/0.5-0.618 fib/emas LTF - Confirmed bullish trend change Cons - Monthly doesn't look great (still has a week so I discount it) RR - 3 (back to previous highs) Entry - 1HR break out of triangle
#1 Main Watch $BTBT HTF CBO Long Monthly - Nothing Weekly - 50 ema/Support Daily - Support/Emas/Fib retrace/Decel LTF - ACB/4HR 50ema/1HR vol breakout of falling wedge Cons - Monthly potentially forming massive high test (still 11 days to go in the month) Entry - 1HR close above 50 ema RR - 3 Additionally on Watch: Main - $MARA HTF IBO L Main - $COIN...
Was filled at 11.22 so far perfect touch point on my idea. Let’s see how it plays out
This is a trade I’ve been waiting to see if it works out. Looking at 11.22 as support here. We’ll see if it holds this area but I may take a small postion