$btbt Daily ib upjust entered long here \, btc builds this is 25 in a heartbeat, higher lows after a 10 and+ 20 day sma undercut..
BTBT trade ideas
Clear ReversalBTBT - ATH is $33.00 we can see a reversal showing on the daily chart. The MACD is curling up and starting to cross, the RSI above is also curling. I'm holding 2/19 $30 C PT $23-24
#BTBT is going for a ride "RISKY TRADE"It has room up to 45-50 in the following weeks .
Risky trade if you are new , stay away.
BTBTAfter an impressive 800% growth in 2 months, the security went into correction and consistently broke through all Fib levels and stopped at 0.382, where support is clearly visible. 2 patterns are formed in parallel, the first is the Flag, the second is a falling triangle with a flat bottom. Both patterns are ready for a breakout upward (see the yellow circle), from where the security will go up with 3 targets - 22.31, 32.96 and 40.53 dollars, a rise of 134% is expected. The security is prone to fast and strong moves, large price fluctuations are possible on the breakout of 2 patterns, but the security looks upward. Since the trade is considered very aggressive, you need to be careful with the size of positions, the stop order here can only be the size of your position, and there is no point in placing a physical stop here, it will be reached with a very high probability. Upon reaching each of the goals, it is necessary to unload 30% of the position, having time to fix the profit. This trading style will allow you to get the maximum profit factor of your trade.
$BTBT - still holding here. Bouncing between 20MA and Volume Shelf. A close above 20MA and this could move. Already have a position.
$BTBT - Picking up momentum w/ Volume!If it can clear the resistance in the volume profile (Daily) here it could go quite a bit higher. I still have an initial target of $21 w/ thoughts of it filling that gap above on the Daily.
BTBT opportunity?It looks like it is forming a descending triangle at the moment with support at the 14-15 range. There needs to be further confirmation before purchasing, but once it breaks the support, it might be a good entry.
BTBT Swing TradeLong BTBT, 100 shares.
max loss at 15.60, bought at 16.45.
I think it'll break out slightly as spy will continue higher.
We'll see what happens. I plan to sell it friday.
$BTBT holding support here.$BTBT formed a bullish pattern here. Can see a run any day now, very low volume right now. Holding above the 50 S.M.A (yellow line) very bullish.
Short Term Target Area: 22
Short Term Target Area: 30
BTBT - Looking for a break up and out
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
BTBT: Bullish PennantBullish Pennant, awaiting confirmation
Pros:
Descending volume during formation
Volume during break out (Big)
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
Golden cross circled in blue
R/R ratio above 7
250RSI above 50
200MA ascending
If confirmed:
PT = 51.51$
BTBT (Bit Digital) : Trade Idea & ProjectionBTBT Trade Idea/Projection: Bit Digital Inc. (New York based) engages in the bitcoin mining business. Im bullish on it based on the recent strengthening of its governance, and the emerging acceptance of intangible assets (cryptocurrency). I'm watching for KL's for confirmation.
BTBT - Bitcoin mining company headquarted in Flushing NYBTBT is a Bitcoin mining company headquarted in Flushing NY.
To date data:
PH/S
Hash Rate
2,253.5
MINING
Miners
40,865
BTC
Bitcoin Mined
1,331.2
I got a small position at $8.49 just because it's super volatile and risky, yet could have potential in 2021. I plan on simply holding the handful of shares I got. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. 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
www.tradingview.com
