BULLISH ON BITCOIN AND MSTRUnless there is a market collapse. This can easily reach 3000+ per share.
Please thumbs up if you like my chart!!!!!
MSTR
The ride continue for MSTRAn alternative time to bet on the rise of bitcoin is to buy companies that have part of their liquidity in BTC. MicroStrategy holds 90,531 bitcoins. A bet that could pay him big if cryptomoniac continues to rise
SPRT next crypto miner leader
Interesting play and even on existing business model CEO has a history of building companies. Didn't see this one coming but even with today's move we believe this is far from over. Have fun and enjoy the ride! Fundamentally should be multiples folds higher based on the competitive metrics and although it moved today once people do some work on this are realize what they got it should start to get real attention vs the day traders. $btc bitcoin miner
BITCOIN vs MicroStrategyAt the moment, Bitcoin is growing, consolidated above the psychological mark of $ 50,000, the shares of MSTR, following the growth of Bitcoin, turned into a bullish rally. Enter on retest level 815, move potential 20%, stop 2%, after passing the first 3% we set without loss. Exit in parts. We constantly monitor the movement of Bitcoin to correct the exit point from the position.
MSTR 1000-1200 3/19.Closed above bearish / neautral zone. 800 critical level tested today. Cup & handle. 26% short interest. BTC all time highs this weekend / next week. MM's don't inverse me please <3. Bullish.
MicroStrategy BreakoutMicrostrategy this morning purchased an additional 262 bitcoins for $15 million. They now hold more than 91,325 bitcoins. Given the rise in Bitcoin and the bull flag breakout on the MSTR chart, we believe the upside potential is greater than the downside risk. - HH
Long MSTR through 3/19.MSTR math closer to fair value at 800 while BTC is around 48k-50.5k channel.
Was overpriced at 1300 when BTC was 45k on 2/9. 665 support was underpriced.
Now that the chart is more realistic I have identified channels optimal for the next 2 weeks leading up to quad witching, assuming BTC stays bullish.
MSTR 1000c 3/19.
MSTR down before the moon?MSTR is starting to get my attention after all these big drops, imo these prices are a steal, but can it go lower before heading up??
I'm thinking 714.05 might be my entry point to 869 maybe even 949
BTCUSD might soar as MSTR has added 19k+ BTCMicroStrategy MSTR just announced a couple of hours ago, they have purchased an additional 19,452 Bitcoin. This might send BTC souring to its new all time high.
MicroStrategy MSTR press release: microstrategy.com/en/investor-relations/press/microstrategy-acquires-additional-19452-bitcoins-for-1-026-billion_02-24-2021
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This content is for education purposes only. You should not execute any trade based on it. Please do your own research.
MSTR LONGI am late to post this trade.
I am in this trade myself.
It is negative at the moment. I guess it is better than posting a trade that I am in the black at the moment as people may comment that I should have posted earlier.
To buy the 1st pullback after an All Time High is also a possible strategy. However make sure you are consistent. I am still entering on stocks that make All Time High. This is just a value trade so I am sharing this.
All the best.
MSTR - too fast too soonMicrostrategy is at resistance. Fundamentaly my thesis says that biiger indices are going to decline quite soon. MSTR is low on usd and high in btc which should pull it down since mstr is currently priced high because of btc investment and not because of btc contribution
MSTR bull wedge - 1000+MSTR's announcement of a convertible note to buy yet more BTC seems to have put pressure on the name - presuably people shorting it while buying the convertible bond. This has formed up with a pretty text book looking bull wedge. This has a day or two to break to the upside - so long as BTC actually holds up, I see this going to 1000 or higher in the next few days.
Microstrategy easiest long of all time?MSTR is basically "Bitcoin ETF", there is no way MSTR does not go up from now, Michael Saylor knows what he is doing...
BTC: VCP and Ascending Triangle breakout: price target 60-65KADDED to my BTC trade position here. Ascending Triangle breakout around 49.8K. Volatility Contraction pattern printing on 1 hr and 4hr charts. Strong news about Microstrategy issuing debt for more bitcoin purchases (900 Million).
www.coindesk.com
Coiling up like a furious snake. Is it possible to fail here? Yes, but Michael Saylor just announced a 900 Million debt deal to buy Bitcoin, what price is he going to buy at?
Stop loss 10%. First profit target: 20%.
Raising stops to break even at 10-14% unrealized gain.
POTENTIAL $MSTR SWING! 🚀 (LONG)Microstrategy owns more than 70,000 Bitcoin on its balance sheet! We are getting a correction trace back to its .50 or .618 levels in this potential bull flag. After which, we believe it to reach to the top of the resistance. - HH
HUT - Cup and Handle pattern on dailyThis canadian bitcoin miner has formed a nice cup and handle on the 4 hour and daily chart. I prefer handles that do not go past the 50% Fib retracement. Potential catalyst would be uplisting to Nasdaq exchange from OTC for US traders and the OTC symbol is HUMF. I like MARA RIOT and HUT here in bitcoin mining sector. HUT has $48 mill net cash , while Mara and Riot have less net cash. HUT uses natural gas and Wind farms for energy, so a little cheaper production cost compared to MARA and RIOT. HUT has 3000 BTC inventory, MARA 4812 and RIOT 1053. *I live 2 hours away from their mining facility. Go Bitcoin! :)
Microstrategy (MSTR) • A potential long term 🚀 trade The bullish case for Microstrategy. I map some important technical levels to pay attention to.
Sorry for the time it took to map some lines since Tradingview has this annoying bug and doesn't fully import saved settings of tool-templates.
breakout, new AH, backtest previous AH...as the title states some serious movement/confirmation today.... with a three day weekend coming FOMO and short-panic will set this up for another explosive week along with options expiring on the 19th... its fun to watch but would not consider selling anything under $200 a share... next week PT $15-20...
And so we begin. round two anyone PT 17ish back to 14ish then 20battling thru the shorts... why would you short a life changing company like BNGO?... i think in this case it is to accumulate it. either way you can't keep her down. Science always wins.
MSTR- recent action- short now, long laterHere we clearly see support\resistance bands within the recent action of the stock. This is not advice, but may prove useful in your daily trading.
