67R Trade Hut 8 Mining67R Trade on Hut.
Coming into a key support level here.
Good opportunity to get in.
High risk trade.
30% chance of success.
8.773 USD
2.26 M USD
22.07 M USD
About Hut 8 Corp.
Sector
Industry
CEO
Asher Genoot
Website
Headquarters
Miami
Founded
2023
ISIN
ARCAVA4601H5
Hut 8 Corp. operates as a Bitcoin miner that focuses on mining. It provides digital asset mining, hosting, and managed infrastructure operation services. The company was founded on January 27, 2023 and is headquartered in Miami, FL.
Trading JournalThis was a tiny position on a chart pattern that looked good.
Once it broke out, sold all as it is tiny position, no need to keep it at 1.25% of the account
$HUT one of the most bullish minersBTC has been on a tear the past couple of weeks and the miners are set to follow.
The two most bullish miners are HUT and RIOT for this next move.
I think the most probable scenario from here is to break above the trendline into one of the first two resistances. Then we consolidate before a final
HUT - Oct 24 Opening Sustainable Momentum30 Oct Entry:
HUT’s price surged and triggered our stop-limit order. I feel conflicted about this entry; although we were still above BTCUSD's key support and there was a momentum signal in HUT from the strong morning session, BTCUSD movement was weak.
29 Oct Entry (Limit Order Not Activated):
BTCU
HUT HUT HIKE!!!When you believe in magic, and I hope you do, you’ll always have a friend wearing big red shoes.
Question is do you believe? Put on your sun hat because its about to get bright.
The New and Improved Hut 8 Corp? 🤔I wanted to share the BTC companies that I've been holding so I'll start with Hut 8 and get Terawulf, Cleanspark, and Marathon posted next.
I still have mixed feelings about this company, but you should leave the fundamentals out of technical analysis and just trade the price. As we get into the b
$HUT Reaction as support - LongHUT8 Completed a bullish bat on the 4h at support, it is now showing potential for 3 rising valleys at a zone where its is very easy to manage risk. We are bullish on btc and all the variables are lining up here also.
HUT - Asc Tri break out with second breakout about to happen ?Bullish case - We have two Asc Tria breakouts going on here - another one for you!
HUT has a history of triangles performing technically so that's a nice piece of supporting evidence
The sector seems to have formed asc triangles
BTC making a pause / sell off would create possible chance to pick up
HUT - Time To Take ProfitHUT
Might be cooked in this area.
Gap up could be an exhaustion gap.
Shooting star yet to close but looking bearish.
If it is a gap down next week then a bearish Evening Star candle pattern will print.
And its a 1.618 Golden Window.
I am taking profit here.
And now entering a small short pos
Release the Squeeze Last summer NASDAQ:HUT saw a similar squeeze.
TTM Squeeze Overlay shows Bollinger Bands and Keltner Channels. When the Bollinger Bands (purple) go inside of the Keltner Channel (yellow), the market is said to be in a squeeze.
The squeeze is about to fire long, don't miss the trade!
The dot
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Displays a symbol's price movements over previous years to identify recurring trends.