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HUT

HUT Short-term analysis | Trading and expectationsNASDAQ:HUT 🎯 Price jumped back up following my path. Wave 4 of V was indeed complete at the 0.382 Fibonacci retracement and High Volume Node just above the daily 200EMA. The daily R1 pivot has been claimed. The uptrend is well intact. 📈 Daily RSI is showing bearish divergence as price falters 👉 Analysis is invalidated if we close below wave 4, $30 Volatility analysis | Expected range & extremities 🎯 Hut is in the SD+2 overheated zone, where it is expected to spend <5% of the time. Price has a tendency to rally above the SD+3 threshold before being rejected, characteristic of low-cap assets. Price is well above fv, traders should be cautious 👉Fair value is ~$20 Safe trading
NASDAQ:HUT
by Maddox_Metrics
HUT Macro analysis | The bigger picture | Long-term holdersNASDAQ:HUT 🎯 A large bearish engulfing candle at major resistance saw the price drop back into the range, but the price wasted no time continuing its wave III uptrend. The next target is the $82 all-time High Volume node. 📈 Weekly RSI hit overbought and is now showing unconfirmed bearish divergence, which can take weeks to play or be negated 👉 Analysis is invalidated if we close back below the weekly pivot, $30 Safe Trading
NASDAQ:HUT
by Maddox_Metrics
HUT Uptrend intactNASDAQ:HUT A large bearish engulfing candle at major resistance saw the price drop back into the range. It is now attempting break-out once more. Price remains in a firm uptrend at major resistance with not much to add. 🎯 Terminal target for the business cycle could see prices as high as $135 based on Fibonacci extensions 📈 Weekly RSI hit overbought and reset back to the EQ. 👉 Analysis is invalidated if we close back below the weekly 200EMA Safe trading
NASDAQ:HUT
by Maddox_Metrics
2
HUT ready for higher?NASDAQ:HUT Wave 4 appears complete at the 0.382 Fibonacci retracement and High Volume Node just above the daily 200EMA, proving its value by holding up better than the other assets. Daily bearish divergence played out into bullish divergence as price caught a huge bid in the bullish, 3 white knights pattern. Resistance looms directly ahead, and a breakout above the daily pivot should see price head towards the $80 target High Volume Node. 📈 Daily RSI has printed a bullish divergence 👉 Continued downside has a target of the daily 200EMA, $28 Safe trading
NASDAQ:HUT
by Maddox_Metrics
HUT Within channel boundary, all fine locallyNASDAQ:HUT Wave 1 appears complete at the channel upper boundary on bearish divergence. For now the probability is to the upside and the trend is in tact. However, wave (B) of 2 looks complete. Wave C is expected to be strong and scary, capitulating many. Price is expected to terminate at the 0.382 Fibonacci retracement, High Volume Node support and rising daily 200EMA. Daily RSI has printed bearish divergence from overbought but also bullish divergence at the EQ. This is ambigous. Continued upside has a target os the $82 High Volume Node resistance.
NASDAQ:HUT
by Maddox_Metrics
HUT, ready for more upsideHuge daily candles are perfectly normal behaviour and nothing to be afraid of, we stay zoomed out to observe the larger trend to keep our emotions check. Price has broken out of the channel upper boundary and a test of the boundary took place as expected, quickly catching a bid. We are now looking for continuation to trigger a long. The next target is the High Volume Node resistance at $82 just under the R5 weekly pivot. Fibonacci extension 2 has a terminal target of $252, achieved with momentum and tailwinds only. 📈 Weekly RSI is oversold with no divergence and can remain here for months as price keeps increasing. 👉 Analysis is invalidated if we close back below the weekly 200EMA
NASDAQ:HUT
by Maddox_Metrics
$HUT Breaking out, test of channel done and dusted!Hut has broken out of the channel upper boundary and a test of the boundary took place as expected, quickly catching a bid and recovering 17% Friday, producing a long signal for me. The next target is the High Volume Node resistance at $82 just under the R5 weekly pivot. Fibonacci extension has a minimum target of the 1.618, $135. The Elliot wave count suggests a very bullish move come in wave III of (III) which would overextend the 1.618 target above, $200+. RSI is overbought but can remain here for months. Safe trading
NASDAQ:HUT
by Maddox_Metrics
HUT downside still to come?NASDAQ:HUT has had a great rally finally being subdued by the macro channel upper boundary resistance sending price back to the High Volume Node support on overbought RSI. RSI has reset to the EQ but has room to fall (or grow again). The next target is the High Volume Node resistance and R4 pivot at $44 with a terminal target of $65 If price loses the support node the next support target is the pivot and wave 1 high $24 and I would look out for a long here if we get it. Safe trading
NASDAQ:HUT
by Maddox_Metrics
$HUT Pulling back to daily 200EMANASDAQ:HUT appears to have complete a larger degree wave 1 of 3 with wave 2 underway. Looking at the support below we may have a shallow wave 2 targeting the daily 200EMA, major support High Volume Node at the .382 Fibonacci retracement, $17. A shallow wave 2 often happens in strong trending markets as participants are excited and can't wait to buy! Daily RSI has plenty of room to fall. $19.5 is also the weekly pivot point where price is also expected to find strong support so we may see a reversal from here at the start of next week but these assets are volatile so i would lean towards lower first. Bitcoin stocks have all had a decent retracement causing me to upgrade my Elliot Wave count to a completed macro wave 1 with wave 2 now underway, suggesting the best returns are still to come over the next months for this category asset class in wave 3! Analysis is invalidated if we go to new local highs above $23.46 or lose $9.98. New long signals are certainly building in the DEMA PBR and Price Action strategies so keep an eye out on the Trade Signals Substack as we have made very food profits lately in these markets! Safe trading
NASDAQ:HUT
by Maddox_Metrics
$HUT Macro Chart Preparing for Breakout?NASDAQ:HUT looks poised for a strong breakout with a wave 3 long term target of $58 and a short term resistances of $21 and $33 HUT is moving strong almost up 100% from the recent swing low, overcoming its weekly 200EMA with ease. A test of the 200EMA as support is likely before continuation. Price is consolidating under major resistance High Volume Node (HVN) and the weekly pivot point. Consolidation under resistance often leads to a breakout. A series of 1-2s appears to be taking place on the Elliot Wave count finding support at the 'BTC-Miners golden pocket' of 78.6 Fibonacci retracement. Analysis is invalidated below $10.10 Safe trading
NASDAQ:HUT
by Maddox_Metrics
Hut 8 Corp (HUT) From Miner to Digital Infrastructure PowerhouseCompany Overview: Hut 8 NASDAQ:HUT is transforming into a next-gen digital infrastructure leader, blending Bitcoin mining, AI compute, and cloud services for diversified, long-term growth. Key Catalysts: Major Operational Upgrades ⛏️ 79% QoQ jump in deployed hashrate and 37% fleet efficiency gain in Q1 2025. Positions HUT for cost-effective BTC production as crypto markets rebound. Massive Bitcoin Reserves ₿ 10,264 BTC on balance sheet (~$847M as of Mar 31, 2025). Acts as a digital asset custodian + infrastructure operator, offering leveraged upside to BTC. Diversification into Compute & AI Infrastructure 🧠 Q1 Digital Infrastructure + Compute revenue tops $21M. Reduces mining dependency and captures tailwinds from AI and HPC demand. Investment Outlook: Bullish Case: We remain bullish on HUT above $15.00–$16.00. Upside Target: $30.00–$32.00, driven by crypto exposure, AI-driven growth, and operational scaling. ⚙️ Hut 8 – Mining the Future of Digital Infrastructure. #HUT #Bitcoin #CryptoMining #DigitalInfrastructure #AICompute #HPC #Web3 #BTCExposure
NASDAQ:HUTLong
by Richtv_official
$HUT sweep of $6 before higher? $12-18 final target?I know a lot of people were following the NASDAQ:HUT idea, so I thought I'd give an update here. Most people are convinced the miners are heading higher here. I do agree, but I don't think the trade will be as easy as longing this move. With a rejection of this level, it sets up a move down to the lower support level around $5.59-$6.33. Once that level gets tagged on the downside, I think that sets up a new long trend. I'm short a lot of the miners here (HUT, RIOT, MARA) with the idea that the rest of the week, price should fade this move. I'm looking for a sweep of the lows, then if we get it, I will go long thinking that we'll see a strong move through the rest of May. After the sweep, I think price can go to $12 and as high as $18. Let's see how it plays out.
NASDAQ:HUT
by benjihyam