This stock have been relatively unimpressive since its big rally in March 2024.
Bitfarms Ltd.
With Bitcoin crossing the $100,000 mark, Bitfarms is well-positioned to capitalize on increased cryptocurrency adoption. Its synthetic HODL strategy, which saw a 286% rise in long-dated Bitcoin call options, reflects confidence in higher Bitcoin prices, further supporting its bullish outlook
In conclusion, Bitfarms’ strategic upgrades, market positioning, and Bitcoin’s bullish environment support a favorable outlook. Investors seeking exposure to the cryptocurrency mining sector may find
I will post further Exit/ TP objective as we see
Dagangan aktif
Current price @ $2.29We can look for Buys here or lower - if the opportunity presents itself.
Nota
Looks like our low is in place after taking the Dealing Range 1 & 2 Lows!Note that in my last post there is now just a single "Dealing Range".
The current Dealing Range High to Low is $3.91 to $1.48.
As of today there is now a Break in Market Structure (BMS) confirming the bottom is in! Looking for higher prices going forward 🚀
GLGT !
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
GLGT !
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.