Not financial advice, just something for me to look back at. If the underlying trend support line breaks, I might take on a bearish outlook. Until then, it appears onwards and upwards.
Posting this for my own reference, not trading advice. Expecting horizontal movement for the next week or so then a new ATH.
BFCH - A $BTC mining operation with 4 employees. In November they announced they got the power on at their facility. It's been two months of no news, and I'm hoping that they're planning to announce that they're operational and mining with their next company announcement. It's tracing BTC nicely, and with BTC's rally holding strong with tons of upside, BFCH...
Expecting to stay in this zone for the next couple days... any move towards ATH or towards 2,800 and I'm looking to short.
RSI shows it's topping out just on the brink of overbought, MACD is about to cross down on the 1 year chart, bull volume is decreasing, death cross occurred mid-January... expecting a retrace back down to 2,600 levels. It's time, technicals are pointing to it, fundamental US economy is a bigger house of cards than 2007. Unless Trump does something magical in Asia...
Here's my first published idea, because I have a call option expiring on Friday, 6/15. I wanted to see if it would break my $15.40 breakeven price, which I am anticipating it will.