BTCM is one of the favorite asset who is interested to catch Litecoin halving. It's 20 years old company and if you look at the history it may reacy 200$ within few years. Invest now to be millonaire. My short term target will be 4,25 usd
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management My team entered Bitcoin Mining Company $BTCM today at $3.4 cent per share....
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management My team entered Bitcoin Mining Company $BTCM today at $1.78 per share. Our...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* !! This chart analysis is for reference purposes only !! If you want to...
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.
The $40,500 - $45,000 zone has been a support and resistance area since December 2020. If you're a bull - you want this support zone to hold and imply a move back up to $50K + If you're a bear - you want to see a break of this zone implying a move back down to ~$35K area (blue EMA cloud) My bias is to the upside : )
Notes in the chart. Barring any overly bearish market weakness, technically BTCM has one of the best setups going into the next few weeks.
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.
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.
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.
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