Lots of people have been talking about buying the dip in bitcoin miners, but bitcoin miners look like they have a long way down to go from here. You can see w/ Heikin Ashi candles that the trend has changed and we've rejected off of the trend line. From here, I think it's likely that WULF retraces all the way back to retest it's support at $.80 before a real...
This WULF has TEETH No its not a clean cup and handle But I have a feeling this company is going to aggressively go after any BEARS --- Theres a large short interest in this company. They better watch out.
Market Participants No Lettuce Hands always make laugh If you love a thing or even Just Like a thing And you can buy it for cheap .. why don't you? Oh I see they didn't actually ave the conviction Somebody gave them a tip A story as old as time
Based on fundamentals and technicals of course! This company I expect to comfortably trade as a double digit company by years end And during the #Bitcoin bull top even has the potential to tag this log projection we can see an Inverse head and shoulders clearly being formed. Yet to trigger, but it has some impressive projections. Will Bitdeer outperform...
The Bitcoin miners ETF WGMI has a lovely setup you could be picking up cheap miners slurping that blood! For summertime profits... If you have the b@lls (& capital of course) #CupandHandle Clear as day for all to see --- Yet sentiment is in the toilet. Marvelous! #CLSK #WULF #BITF #BITF.TO #HIVE...
BLUE SKIES Would you have believed it If you were told a year ago. When every expert was predicting a recession. (which will come of course but when no one is expecting it ) So the conditions are set for a melt up I believe #Bitcoin bottoms very shortly maybe this week or next (grab some bitcoin miners!) ENJOY THE NEXT few months! #CNBC will trumpeting SOFT...
Bitcoin mining company Marathon Digital ( NASDAQ:MARA ) has seen its stock value rise by 18% after being listed by S&P Global in its SmallCap 600 index. The company's market cap rose by about $800 million over the weekend, marking a significant achievement for the digital asset company. The SmallCap 600 index is an index of companies with a small market cap,...
If you haven`t bought the dip on MARA: Then analyzing the options chain and the chart patterns of MARA Marathon Digital Holdings prior to the earnings report this week, I would consider purchasing the 20usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $7.85. If these options prove to be profitable prior to the earnings...
CleanSpark Inc - NASDAQ:CLSK This is a unique mid tier BTC miner that is edging ahead of Cipher Mining in terms of size, production and reserves held (See below for the pecking order of 4 BTC miners). The CLSK Trade - Ideal entry would be bounce off 200 DSMA - Risk/Reward from here is 5.55 which is not bad - Stop Loss placement at 200 DSMA or POC Chart...
$MARA:4H I would expect the increased potential for NASDAQ:MARA to rise as high as the 0.5 retrace (20.75) or AVWAP (21.98) were CRYPTOCAP:BTC price to rise. I would expect the AVWAP (blue) off the recent high to be in confluence with the 0.5 retrace by that point and provide a solid line of resistance. Failure to consolidate above the 0.5 retrace/AVWAP...
#BITF Has a great ticker Great management Slick operations and investor communications I am in Hope you are in too Let's Go
The performance over recent months as we enter a new CRYPTOCAP:BTC bull cycle (RELEVANT & recent timeframe) NASDAQ:CLSK - 307%+ since Dec 2022 NASDAQ:CIFR - 485%+ since Dec 2022 NASDAQ:MAR - 4,729%+ since Mar 2020 NASDAQ:RIOT - 1824%+ since Mar 2020 Keep an eye on who is holding the 200 day and who holds diagonal support PUKC
Cleanspark Inc - NASDAQ:CLSK $1.5 Billion Market Cap ✅Trade remains open in 39% unrealized profit (average DCA of $5.85) ✅ The Volume on this chart is exceptional and really adds to my conviction. I may double down with another buy if we get down to the 200 day MA. 🚨 I have raised the stop from $4.50 turning it into a 23:1 risk reward. Raising as...
Remember that these are general considerations, and the cryptocurrency market is highly dynamic. It's essential to stay informed about the latest developments, conduct thorough research, and, if needed, consult with financial professionals before making investment decisions.
I highlighted the inverse head and shoulders before which has its own impressive target BUT if we do peer closely , we can also make out a cup and handle pattern being created. Log targets provided Good luck in your speculations.
You tell me? Do you think #Bitcoin will cross $100k this cycle or not? If it does , why wouldn't our miners create parabolic tops in new All time high territory? Good luck in your speculations.
Back in 21/22 Looking at the #Bitcoin miners helped me directionally to confirm the bear market. Now in 2023 we have the flip flop Miners exploded out of the bear market lows. Check Back, with a healthy retracement. Putting in higher lows. And now look ready to resume their climb higher. #Marathon is a great example. A leading name and company within in...
Bitcoin ("BTC") prices are on a tear. It has rallied +57% since the start of September and is on course to clock fourth sequential month of rising prices. Four forces are driving a blistering rally. Euphoria linked to BTC spot ETF. Bullishness in all “Risk On” assets. Regulatory clarity. BTC halving. In a BTC rally, portfolio managers can gain exposure to the...