Bitfarms - Now or never

If Bitfarms closes below 1.37 on a weekly candle it would be a major sign that Bitcoin has peaked.

I don’t think this is likely but I do think this will be the final chance to go long on Bitfarms as this is a major support level between 1.37 and 1.75.

The opportunity is a 1:17.5R trade.


Trade quality:

Chance of success 70% (assuming market moves into the zone with the confines of the wedge pattern shown)

Risk to reward rating: 7/10

Overall rating: 7/10