Long

Bullish Inverse Head and Should on Hut8

By NoSecondBest

Updated

Hut8 has a lot of Bitcoin on its balance sheet.
Bitcoin mining fees are going up due to Bitcoin NFT and ordinals.

Bullish AF.

Note

HUT8 is a shitcoin. The only pick I got wrong so far this year.

I'm still in the trade because the Left Shoulder has not broken.

Note to self: Bitcoin Miners are shitcoins.

Trade closed manually

F*ck it. Dump all miners.Just buy Ethereum for the ETF launch.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.