$HUT Clear for Further Upside?NASDAQ:HUT is having a great time clearing resistances, the weekly 200EMA and the weekly Pivot point did not prove challenging.
It is currently sitting in a High Volume Node (HVN) where price is likely to reject and retest the weekly pivot as support before continuing upwards towards $32 and beyon
−2.50 USD
294.78 M USD
144.23 M USD
About Hut 8 Corp.
Sector
Industry
CEO
Asher Genoot
Website
Headquarters
Miami
Founded
2023
ISIN
ARCAVA4601H5
Hut 8 Corp. operates as a Bitcoin miner that focuses on mining. It provides digital asset mining, hosting, and managed infrastructure operation services. The company was founded on January 27, 2023 and is headquartered in Miami, FL.
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$HUT Macro Chart Preparing for Breakout?NASDAQ:HUT looks poised for a strong breakout with a wave 3 long term target of $58 and a short term resistances of $21 and $33
HUT is moving strong almost up 100% from the recent swing low, overcoming its weekly 200EMA with ease. A test of the 200EMA as support is likely before continuation.
Pri
$HUT springboard longNASDAQ:HUT with a beautiful chart looks ready to springboard through a volume gap. Support from all long term SMAs and great looking MACD, RSI, and volume profile. Targeting the .5 and then .618 fib retracement levels. NASDAQ:CORZ acquisition catalyst for many of these btc miners.
Hut 8 Corp (HUT) From Miner to Digital Infrastructure PowerhouseCompany Overview:
Hut 8 NASDAQ:HUT is transforming into a next-gen digital infrastructure leader, blending Bitcoin mining, AI compute, and cloud services for diversified, long-term growth.
Key Catalysts:
Major Operational Upgrades ⛏️
79% QoQ jump in deployed hashrate and 37% fleet efficiency ga
Hut 8 - could this give you heart ache instead ?This is in the crytocurrency space and I am not familiar with this asset class. That is why I only advocate 1% of my capital for speculative trade.
From the weekly chart, it appears a H&S pattern is formed and the dotted line represent the resistance level that the price action is attempting to br
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