MACD Buy Signal. Break Resistance. Retest Support1. MACD Buy Signal. 2. Break Resistance. 3. Retest Support. 4. TAYOR & Good Luck.Longby hasnolUpdated 4
Bitcoin MinersHut 8 and Bitfarms weekly chart - bolliger squeeze - price above both MAs - both MAs turning up I think this is bullish as long price stays above green MA None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!Longby TurtlecoinsPublished 2
Bitfarms Ascending Triangle on Daily TimeframeThere's a big ascending triangle on the Bitfarms chart which could lead to a massive breakout. Longby charliesteffensPublished 332
Bitfarms Mafiabetter chart the laast one cut off, looking to gain the poc take off to the tested blue blast throuh it test a new local high and hit the yellow vol gapLongby largepetrolPublished 6
Bitfarms 2024Thoughts on how this will probably play out short term, lookingg to get above these higghs and keep pishing for new ones, looking for the blue and above blue to the next blue, if we get rejected its not strong back dogn to .50 but if not should slowly trend up with the marketLongby largepetrolPublished 5
BITFsmc as well as equilibrium aligns with the volume profile as well. should have little resistance until around $3 realistically a bit more upside. potential longer term is niceLongby largepetrolPublished 2
Bitfarms pullback before an attempt to go higher As BTC is pointing toward a pullback to the 21-20k area we can reasonably assume bitcoin mining stocks will also correct. NASDAQ:BITF is looking to go to the $.75-.60 support area before gearing up to go higher to $2, the next area of resistance. On the fundamental side the company is one of the stronger miners with one of the highest Bitcoin mined per 1 EH/s metric twitter.com . Just as long as there is no addition share dilution I expect Bitfarms (and other miners) to outperform Bitcoin in a bull market on the run ups. Longby MostlyGoodUpdated 12
BITF IdeaTested the 200 EMA, let's see if we can break above and hold. Have a nice uptrend starting good amount of volume coming in. BITF looking good on the 30 Min chart as well. $1.47 Hopeful potential target, then drop down to the green box for the golden pocket on fib for an accumulation area. BTC testing $30K. Let's see how we do with all the current turmoil surrounding crypto. Potential to be another Mara or Riot? Halving next year, and miners tend to run up during these times. I hold BITF shares, may dive into some long calls soon. $.50 calls look nice for 2024, and 2025. These are my personal opinions, and my own thoughts. This is not financial advice, only invest what you're willing to lose. I am by no means a good trader, I wouldn't even consider myself amateur. lol.Longby rrak279067200Published 3
BITF breakoutNotice the breakout from the resistance trendline. The 1DMA 50 & 200 should cross bullish very soon. Targeting the 1.618 at $2.10 Good Luck.Longby peterbhcPublished 3
Farming for Bitcoin?BitFarms is a nice little company hidden in the space with very few employees. Could make a moonshot once CBDCs are forced unto the world. stayu tunes to find out.Longby largepetrolPublished 226
BITF will pump hard (but not yet) - 270 % profitBITF similary to other bitcoin mining stocks has been in a downtrend since 2021. Bitfarms Ltd., founded in 2017 and is one of the top Bitcoin Mining Companies. The price is approaching our buy zone. We expect one more drop to retest lows from 2020 and next the accumulation phase before the explosive move up. RSI on weekly is already pretty oversold but taking into an account bearish sentiment overall, most likely we see one more drop. In our opinion this stock is very undervalued now. Once crypto market starts recovering, we expect this stock to recover fast. Bottom for crypto market may be not far away (Many analysts believe that the bottom on BTC will be around 10k-12k $) therefore accumulating BITF may be a good idea too. Good luckLongby vf_investmentPublished 2
BITF cyclical trade/investment (3-5 years)There a strong probability that the price can break lows $0.28 lows. But buying at these prices unleveraged is still great opportunity. In terms of sentiment on financial blogs and social media, most are wholeheartedly predicting the future demise of this stock. Personally, this exact same mentality surrounding this stock at its highs in terms of how they somehow knew it was underpriced and that it had upside potential. As usual the crowd is often wrong. Always a hard pill to swallow for them... (no bullish sentiment in terms of price action) There's a lot of uncertainty surrounding bitcoin miners and many are not able to keep up with how things are going. The risk are undoubtedly high and reward is EXTREMELY high... If they are able to manage this and survive. Obviously, the need to keep up to date with the crypto market and this stock is needed to determine if the risks are not worth the investment. example -> If something occurs with BITF and they seem to be going the wrong direction and if BTC drops extensively. I highly doubt that though seems like the majority of the pain and washout has been done and those who got burned left and those who survived will thrive. Mostly leaves it how macro develops and when it will allow BTC to thrive. Longby MeckaUpdated 0
Chart and fundamental analysis of BitFarms (BITF)Positive correlation with Bitcoin. Next target: $0.50 Fundamental analysis: Shortby andre_007Published 0
Support Bands IndictorOnce a Trend is developed is more likely to continue that change it. "Technical Analysis Using Multiple TimeFrames" Brian Shannon Book. However we can see the Support Band indicator which is a multiple Moving average, leaving a color trace of the trend. Creates a color Band Red for Downtrend and Green for Uptrend. 8EMA vs 10SMA Band 1 21EMA vs 30SMA Band 2 All MA declining and the market having a Green day and BTC having a green day. The Stock Sample is just to see how the Indicator works.by RCBInvestmentsPublished 1
BITF BTC Bitcoin Miner testing support Gamma HighBitfarms reported really good fundamentals and mining results. Efficient use of energy helps them going into Q3 and especially Q4. If you believe the market will rally into Q4 and Bitcoin will go up then Bitfarms is a long call. Short dated calls for Friday have very high Gamma so if this does retest support here and jump up with SPY in the next three days those options could do very well. Hut 8 also a very good miner report.Longby GT350Published 0
big moves coming soon 💯in bullish uptrend here, watching for continuation above trend resistance/1.80 levels, shorts below 1.52 Shortby Vibranium_CapitalPublished 1110
$BITF ~ Correction continues...Expecting at least the 61.8%... Overall market is still correcting as well as Bitcoin. Expecting around 22K on Bitcoin to finish out this correction. by EndlessCodePublished 1
Earnings watch 5/16/22Earnings watch 5/16/22: WIX GTEC SNDL BITF TME WRBY SUNW TSEM USWS WEBR Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. 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, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd 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 tickerTracker - MFI Oscillator www.tradingview.comby Options360Published 0
BITF Entry target $4.30Price has always fallen after earnings. Estimate for next earnings is lower than past 2 quarters. Entry target at $4.30 with a confirmation stochastic target of 64, and RSI entry of 53. Require a breakthrough of $4.30 price. Warning: Head-and-shoulders pattern in RSI along with constant overbought signal in Stochastics could signal bearish sentiment. Lookahead: Consistent oversold signal in Stochastics and RSI breakout at 53 level is a good entry even if $4.30 price target not hit. MACD is relatively flat, need a cross over zero line for a good break.by ashpat86Published 1
Want to buy bitcoin? Better buy this ₿ mining company! Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 35.83 ✨ It means if you risk here 100$ you may make 3583$ Not bad, huh?Longby TRADING_as_a_BUSINESSPublished 111
BITF trying to break out, possible entry around $3.63BITF could be retesting the breakout right now and then rally higher. I'm keeping an eye on the orange line and the horizontal support at 3.63 as an ideal safer entry. Some other bullish looks are the curving hourly moving averages. As a trade, I can see a tight stop under 3.63 depending on risk tolerance would make this an appealing trade. Just be careful to not get stop raided as it might find support on the bottom of the yellow wedge and reverse. A bearish possibility is a H&S pattern is created and BITF tanks to the support around 3.20. Also the daily indicators are showing overbought conditions, however these can turn quickly in breakouts. Now if it does continue to break out, keep an eye on this wedge as it could spell something bearish later on starting mid April. But if it breaks out of that wedge, I believe a strong rally will happen like in July and November. by LynxysPublished 0
nice rejection from resistance BITF rejected from extreme resistance for the 4th time, looking for a dip to 3.47-3.14-2.94 Shortby Vibranium_CapitalPublished 1113
$BITFBITF has been getting acquired into a variety ETFs. BITF has a price target of $7.94 from various sources. When you look at the MACD there was a recently cross over, the low was around the $3 range. There is upward potential once BITF crosses over the resistance at $4.Longby ATCblissPublished 1