Bullish Pennant, awaiting confirmation
Pros:
Descending volume during formation
Volume during break out (Big)
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
Golden cross circled in blue
R/R ratio above 7
250RSI above 50
200MA ascending
If confirmed:
PT = 51.51$
BTBT Trade Idea/Projection: Bit Digital Inc. (New York based) engages in the bitcoin mining business. Im bullish on it based on the recent strengthening of its governance, and the emerging acceptance of intangible assets (cryptocurrency). I'm watching for KL's for confirmation.
BTBT is a Bitcoin mining company headquarted in Flushing NY.
To date data:
PH/S
Hash Rate
2,253.5
MINING
Miners
40,865
BTC
Bitcoin Mined
1,331.2
I got a small position at $8.49 just because it's super volatile and risky, yet could have potential in 2021. I plan on simply holding the handful of shares I got. Do your own due diligence, your risk is 100% your...
Contextual immersion trading strategy idea.
Golden Bull Limited is an online finance marketplace in China that provides borrowers access to short-term loans.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $5,41;
stop-loss —...
Price increased 70% on this Nov 11 news, setting up this bullpole bullflag, which I expect to duplicate itself to $9.50.
Not trading advice. Not even close. Wild speculation and blind optimism, in actuality.
Nov 11Reuters
BRIEF-Bit Digital To Acquire $13,903,088 Worth Of Bitcoin Miners With Total Hash Power Capacity Of 1,000 Ph/S
Nov 11 (Reuters) - Bit Digital...
In my opinion, this stock looks primed to make a nice move in stock price and generate a size-able profit percentage in a reasonably short period of time. The wave analysis and pattern analysis suggest a Beautiful long setup. The wave analysis and chart pattern analysis both suggest a high probability trade.
This is not meant as investment advice. It is merely...
