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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.