IREN Bullish BreakoutIREN as per FIB is about to enter the golden pocket
IRen breakout is confirming a strong bullish movement
Enter @ 11+
Stop Loss @ 8.20
TP @ 13+
Its a beautiful breakout
IREN
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.
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 <<<-----
IREN bullish trend starting Looks like bullish movement is starting up slowly
momentum is catching up
IRIS ENERGY #IREN #BITCOIN MINER target moon mission to $47.50This idea needed updating
Same idea and thesis but a new right shoulder has presented itself
and now we have a horizontal neckline
beautiful!
Please smash the like if you like where this stock could go
IREN Bullsih breakoutText book bullish setup
Entry can be made now
Entry @ 5.80
Stop loss @ 4.84
TP1@6.56
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.
