RSI hitting extreme overbought, but its on the uptrend! neutral BTBT can continue to rally if bitcoin doesn't stop its trend, so far I noticed this play is outperforming every other bitcoin play I follow. congrats if you got in calls in shares under 8! the profits on this was great so I have to secure my gains ! look for a break below the bottom trendline support for puts. goodluck ! leave a like and follow <3
BTBT/N trade ideas
$BTBT is gonna fall todayPupm&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 $7,63;
stop-loss — $8,19;
take-profit — $6,52.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$BTBT is gonna fall todayPupm&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 $4,94;
stop-loss — $5,20;
take-profit — $4,42.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Bit Digital Inc 🧙Bit Digital Inc is engaged in the bitcoin mining business. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. It generates revenue from cryptocurrency mining.
Setup A Technically
Setup A+ Fundamentally
I was about to buy BTC on 5% of my capital, and after some thinking I decided to buy a company wich produces BTC
United States, Canada, Hong Kong
Short Volume Ratio 17%
ATR 0.57
RVOL 0.77
Float37.11M
Insider Ownership23.20%
Institutional Ownership1.60%
Market Cap334.6867 Mil
52 Week High 33
Average 10 Day Volume2,788,611
Average 30 Day Volume2,887,668
No Dividends
Price/Book4.46
Debt/Equity N/A
28% Discount
last report was great
some institutions were buying in MAY
If you want not to miss ideas like this one,🎯 subscribe and press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
Bit Digital earnings tomorrow 3/18 morningBit Digital earnings tomorrow 3/18 morning
PH/S
Hash Rate
2,253.5
Miners
40,865
Bitcoin Mined
1,934.89
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. This is for educational and entertainment purposes only. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
$BTBT $DMGGF log chart buysThe log chart is the key to making sense of the bitcoin miners, both stocks are rebounding from their lower trendlines: on 3.5.21 DMGFF put in a massive hammer candle to close back above the trendline, while BTBT held the trendline almost exactly. I think both easily double in price from here.
***I own both DMGGF and BTBT stock***
Cautious - But high volatility guaranteedWith ongoing fraud accusation, lawyers claiming to do the investigation and company response with providing more information, this can go anywhere. However, unusual option activity observed yesterday as someone bought 1281 calls for the strike of 40 expiring Feb 19.
This can be high risk and high reward play. Doesn't hurt if you keep small position size.
After 11721% gain in less than 1 year what could happen?Classic double top is obvious in the chart!
Potential price drop:48%
Reward/Risk:2.92
Timeframe:3-6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
BTBT (bit-digital), the forgotten bitcoin miner to 45?Of the three big public bitcoin mining companies (excluding CAN), you'd expect all three (RIOT, MARA, and BTBT) to look the same. But they don't. RIOT, which has a 100m shelf offering has been the biggest gainer. MARA meanwhile is forming a bit of a bearish wedge on it's ascent, and then we have bit digital, BTBT. This is showing a nice rounded bottom with clear resistance around 30. At 2.2 exahash (per their website front page), this is more than twice the hashing power of RIOT. MARA claims to have funding and orders for 100k machines, putting it at over 10 exahash! So, why is it that BTBT is lagging behind?
I can't say, but the chart shows a very nice rounded bottom pattern. Breaking the congestion around the 30 level could open this up to 45-50 (low of the rounded bottom at 15; top at 30).