Cipher Mining Inc. is a technology company. The Company is focused on the development and operation of bitcoin mining data centers. The Company, through its subsidiaries, including Cipher Mining Technologies Inc., operates four bitcoin mining data centers in Texas. It is also developing an additional data center in Winkler County, Texas.
Its Odessa data center...
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
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.
The weekly analysis of CIFR indicates a promising setup. The reverse head and shoulders, along with a large cup and handle pattern, suggests a potential bullish trend. The 20% short interest adds the possibility of a short squeeze, amplifying upward momentum. The MACD turning up is a positive sign.
Currently, the RSI at 56.55 suggests a balanced market without...
This is on a trendline that dates back to dec 2022 it is also the .618 area of that move starting with the swing low in 2022 dec. So support is solid. resistance is at the top trendline 55% away an area that was just visited 30 days ago. all signs say $4 target
CIPHER MINING (CIFR) $CIPR
- Inverse Head and Shoulders breakout & retest?
- Above 200 day SMA with turn up
- OBV increasing
- On daily chart we are above the Point of Control which
aligns which closely with purple horizontal
- We could see a retest of this line so I would be DCA'ing from
here in dribbles especially after a big move like this weeks 25%...
Cipher fib channel. I own riot, but of the Btc miners, cifr is going to make the biggest move next. Then, you must sell cifr, because it’s at the top of the fib channel, while riot is near the bottom of the fib channel, and has a long runway compared to cifr. In general, cifr has the bigger amplitude, but it’s run is getting towards the end. One option can be...
we broke below 20 ema, possible next strong support at 50 ema $3.4.
as bitcoin is having a trouble breaking through $29350 resistances ( bitcoin 50 EMA ) , also expecting bitcoin to go as low as $28300.
cifr mining stock has been down along with bitcoin for over 1.5 years now.
creating IH&S since may 2022 on the weekly chart
now we are at the neckline position. expecting a pump to 10 by end of the year (patience for 6+ months holding for a x3 profits
as fed are expecting to cut rates by SEP 2023'' THIS is an assumption
not a financial advisor
Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. It engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.
Ive entere a position at the Fib retractment bootom and respected support. The stock has been in an uptrend for 2 weeks now and with crypto on the rise with some corrections I believe we will revisit highs on 9.46 sometime next week
Purchased (7) CIFR $8 C 11/19 @ .65
BTC-ETF Play – US Miner
Rig-Delivery Agreements with 3 Producers
Delivery Expected to Begin in June 2022 and Extend Through December 2022
Agreement Brings the Aggregate Hashrate of Mining Rigs under Contract to Between
~13.8 and 19.2 EH/s
Hello, giving a small thought on $CIFR chart.
Recently there was a PIPE unlock that brought this company down to deeply discounted prices. It appears we have bottomed and given the plans this company has for it's hash rate (recent purchase of 28,000-56,000 Bitfury Next Gen Miners for deployment in 2022 and beyond), key hardware partnership with Bitfury, and...
