HUT 8 - NASDAQ:HUT EARNINGS RELEASE: This Thursday 17th August 2023 👀 ⚠️The last 3 quarterly earning reports have had consistent 10% or more reduction to revenues . o Hut 8 is one of North America's largest innovation-focused digital asset mining pioneers and high performance computing infrastructure provider. o Hut 8 has one of the highest capacity...
The cup shows that it is nearing a bottom and will start trending upwards. Its already done a ~60% retracement from the highs from this past summer.
Closed HUT shorts, epic trade. Longing HUT here in size (for me). Massive decline, bullish doji daily candle. RSI bottomed. 200 da MA prob wont get hit (if it does I add). Diagonal support. Expecting a btc pump here. Not Advise, good luck.
Technically this is a short, went in small size last few days adding here. BTC looks like its about to puke. Stops at acceptable losses for most of the shorts, few will ride a bit. Not advise.
Hut 8 stands out as a pioneering force in North America's digital asset mining landscape, with a strong emphasis on innovation and a notable role as a high-performance computing infrastructure provider. As one of the industry's pioneering miners, Hut 8 has left a significant mark. Notably, on June 26, Hut 8 made a significant move by entering into a credit...
if we can hold this it can become a new bottom/support if we fall below the range we may have significant downside.... with the way the market has been moving i am looking for support to hold
Another 200-500 moving channel daily. For this one, the monthly's have been consolidating inside for the previous four months. The move out of this range should be at least the size of the largest of the four inside bars; in this case about 1.00. Overhead is also the annual pivot. Stop out on a monthly close below the low of the last close of the four bars...
There is a Bearish Butterfly on HUT 8 Mining with Bearish Divergence on the CAD pairing and it suggests that we may pull back to try to test old resistance as support before continuing higher later.
Strong up trend forming on $HUT. Resistence on $3 level. If it clear that, $4,$5 possible targets ahead. My stop loss would be $2. (Max stop loss). If breakout is weak, I'll close the position.
HUT - Gut 8 Mining Corp resistance on weekly time frame are on the chart Main resistance are 1 - 3.43 2 - 4.31 3 - 5.16 4 - 6.62
Based on Elliott Waves and Fib levels. Also there is a bull flag and pennant . Invalidation limit: 4.11. I am not a financial advisor and this is not financial advice. It is a potential scenario or opinion. Invest at your own risk and do your own research.
Based on Elliott Waves and Fib levels. Also there is a bull flag and pennant. Invalidation limit: 4.11. I am not a financial advisor and this is not financial advice. It is a potential scenario or opinion. Invest at your own risk and do your own research.
Another Bitcoin miner looking Sexy AF all points to strength in the crypto sector hope your bags are packed
company holds what they mine. been dacing for a bit. adding here moving average is holding.
will these calls play out, stay tuned to find out. if btc falls over than this is dead in the water but if btc pushes eoy before halving next year these could print big
Hut 8 does more than min bitcoin but DYOR on that they are another promising company currently 2.00 is not a sustainable support area so for options im not sure 1.50 my not get tested and 2.00 may not break so.... input is welcome
To get maximum gain in Bitcoin moves, we must turn to the Bitcoin mining companies for they yield leveraged moves to the upside or downside of Bitcoin. Hut 8 Mining is shown here with support and resistance with rejection at the 200DMA. Ideally we want to see price find support at lower trendline or if it breaks lower we seek for a swing low on a daily timeframe...
As BTC goes..so goes HUT..maybe We shall see LONG HUT...for now