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IREN

IREN a fresh reviewIREN has been moving upwards swiftly due to BTC 100k Now we take a fresh look at IREN it formed a double top which is a bearish sign and hence I took profit out of IREN at the double top high that is around 15$ area So far its respecting the 50 day MA very nicely but there is a also an amazing cup formation which is leading me to think about it long term and therefore I would only now recommend entries after the 16$ barrier is breached. As of now the latest strong support is 13.60 area . and if it goes further down then get ready for a support at 9$ Technically I wouldn't recommend buying anything which is in a bear tren therefore I would only recommend buying at a breakout of 16$ Entry when a daily candle close above 16$ Stop loss would be 13$
NASDAQ:IRENLong
by vortexTradingSolutions
IREN's most important channel to watch!Hello Tradingview community! As always: If this pattern I'm showcasing doesn't work as predicted.. then please don't come crying to me (ty) -> NFA DYOR Alright the channel/chart explains itself as you can tell But here is my short description: This chart has been respected for 2 years now and still is - What targets do I have for EOY? Well anything from bearish 7ish to even bullish 25ish But my conservative target is 14-15 dollars EOY (NFA) BOOST and follow for more! NFA DYOR <<<-----
NASDAQ:IREN
by RandomTAdude
9
Ring the Siren, It's time to buy IREN - Targeting $45 Why am I bullish IREN? AI Cloud Services Growth: Iris Energy's AI Cloud Services division is expected to generate $32 million in annualized profits. This is a new strategic move that leverages their existing infrastructure to diversify revenue streams beyond Bitcoin mining​ Increased Bitcoin Mining Output: For September 2024, Iris Energy mined 347 Bitcoin, with an average hashrate of 16.5 EH/s. The company continues to expand its mining capacity, contributing to higher output​ Expansion and Partnerships: Iris Energy has been rapidly scaling its operations. They recently purchased NVIDIA H200 GPUs to support their AI cloud business, and they extended a contract with Poolside to upsize their AI Cloud Services, enhancing their overall service portfolio​ These factors indicate both short-term revenue boosts and longer-term strategic growth, making IREN an attractive play in both crypto mining and AI infrastructure sectors.
NASDAQ:IRENLong
by TheTraderAndy
4
Bitcoin Miner Moon Race - BMMR - CORZQ Leads the way! The great power of the Bitcoin ecosystem, where is the hash rate coming from? Miners. And most of these miners have bases in Americas only. Most of the Eurasia / South America / Central America (El Salvador Volcano) are not publicly traded yet or direct government related but I suspect this trend is occurring globally. Forget the Moon race, its the Hash Race. All of this too when we are in early stages of a bull market. Don't hear a peep of Bitcoin miners or the ecosystem on Bloomberg either? BlackRock radio silence. . . but the waves are public.
AMEX:BITOLong
by FederalXBT