Adding to HUT shorts hereTechnically this is a short, went in small size last few days adding here. BTC looks like its about to puke. Stops at acceptable losses for most of the shorts, few will ride a bit. Not advise.Shortby A5gamakatsuUpdated 225
Long Hut 8 Mining Corp. $HUTHut 8 stands out as a pioneering force in North America's digital asset mining landscape, with a strong emphasis on innovation and a notable role as a high-performance computing infrastructure provider. As one of the industry's pioneering miners, Hut 8 has left a significant mark. Notably, on June 26, Hut 8 made a significant move by entering into a credit facility valued at US$50 million, establishing a partnership with Coinbase Credit, Inc. With an EARNINGS RELEASE scheduled in just 3 days, the anticipation for the upcoming announcement is growing.Longby Gabriel-DaoPublished 0
HUT supportif we can hold this it can become a new bottom/support if we fall below the range we may have significant downside.... with the way the market has been moving i am looking for support to holdLongby cointrustmoon1Published 111
200-500 Setup & 4 Inside Monthly BarsAnother 200-500 moving channel daily. For this one, the monthly's have been consolidating inside for the previous four months. The move out of this range should be at least the size of the largest of the four inside bars; in this case about 1.00. Overhead is also the annual pivot. Stop out on a monthly close below the low of the last close of the four bars or, alternatively, 0.50.Longby gkmUpdated 112
HUT 8 Mining: Bearish Pull Back Before Bullish ContinuationThere is a Bearish Butterfly on HUT 8 Mining with Bearish Divergence on the CAD pairing and it suggests that we may pull back to try to test old resistance as support before continuing higher later.Shortby RizeSenpaiPublished 1
Possible 50% up move on $HUT Strong up trend forming on $HUT. Resistence on $3 level. If it clear that, $4,$5 possible targets ahead. My stop loss would be $2. (Max stop loss). If breakout is weak, I'll close the position.Longby K-alonziPublished 112
HUT - GUT 8 MINING CORPHUT - Gut 8 Mining Corp resistance on weekly time frame are on the chart Main resistance are 1 - 3.43 2 - 4.31 3 - 5.16 4 - 6.62by yastech137Published 3
Bullish ScenarioBased on Elliott Waves and Fib levels. Also there is a bull flag and pennant . Invalidation limit: 4.11. I am not a financial advisor and this is not financial advice. It is a potential scenario or opinion. Invest at your own risk and do your own research.Longby braheemaliUpdated 111
Bullish ScenarioBased on Elliott Waves and Fib levels. Also there is a bull flag and pennant. Invalidation limit: 4.11. I am not a financial advisor and this is not financial advice. It is a potential scenario or opinion. Invest at your own risk and do your own research.Longby braheemaliUpdated 111
#HUT #BTC Mining to $7.75Another Bitcoin miner looking Sexy AF all points to strength in the crypto sector hope your bags are packedLongby BallaJiPublished 3
Long HUT company holds what they mine. been dacing for a bit. adding here moving average is holding.Longby A5gamakatsuUpdated 6
HUT8 Options playwill these calls play out, stay tuned to find out. if btc falls over than this is dead in the water but if btc pushes eoy before halving next year these could print bigby largepetrolPublished 3
HUT 8 miningHut 8 does more than min bitcoin but DYOR on that they are another promising company currently 2.00 is not a sustainable support area so for options im not sure 1.50 my not get tested and 2.00 may not break so.... input is welcomeby cointrustmoon1Published 1
Hut 8 Mining; The Bitcoin Leverage PlayTo get maximum gain in Bitcoin moves, we must turn to the Bitcoin mining companies for they yield leveraged moves to the upside or downside of Bitcoin. Hut 8 Mining is shown here with support and resistance with rejection at the 200DMA. Ideally we want to see price find support at lower trendline or if it breaks lower we seek for a swing low on a daily timeframe for trend change. Closing above the pink resistance & 10DMA means the daily cycle has turned bullish. Red Flag: If price goes lower than $1.21 the major trend becomes bearish, we will be looking for lower highs & lower lows for the weekly trend. Since Bitcoin miners yield higher returns in short time frames, one is best to trade these level to level consistently taking profit.Longby runyamherePublished 1
Cell Phone Musings- HUTAs BTC goes..so goes HUT..maybe We shall see LONG HUT...for nowLongby Heartbeat_TradingPublished 1
$HUT: Inverted Head and Shoulders with an Incoming Golden Cross.We have an Inverted Head and Shoulders with a small Bullish Channel within the Right Shoulder while we are above the Major Moving Averages and are getting ready to Golden Cross. If we can pivot from here I think it could easily hit the 0.382 Retrace up at $6.819 and if we're lucky it could go up much higher to hit the remaining retrace levels above.Longby RizeSenpaiPublished 772
HUT - Bitcoin minerThis is not a financial advice! If BTC continous the uptrend, this will pump too. Most info on the chart. Trade carefully!Longby meitshels_smell_tradesPublished 1
Expecting and waiting for double bottom.HUT has hit a support and I am waiting for a retrace down and then another bounce off the support. Don't expect it to go up from here. Regards,by ThallusPublished 1
Hut 8 bitcoin miningWe have another 10 percent upside till resistance If bitcoin pushes to 18k we may break through and move even higher. ut keeps all the btc they mine so with btc increase the companies evaluation automatically goes upby cointrustmoon1Published 0
Potential Hut 8 Mining BottomI'm adding here, I think when Bitcoin turns around which I think is very soon the Bitcoin Miners will outperform everything. Such a great looking bullish falling wedge. Here down to .83-.84 should be amazing buys long-term I think. See chart below for a close-up. Longby ghengiskahnspermshotUpdated 335
HUT -Long:HUT -Long: Based on technical analysis only: Very interesting for me for a Long position Entry:1.97$ Big potential to reach the following levels: 2.16$ , 2.49$ , 2.69$ and 3.69$ SL will be at:1.67$ #DYOR 🙊🍒 Like & share to spread the love!Longby SharonSwingHalleluyaPublished 117
HUT 8 Canadian Bitcoin Miner Winning During Hot Summer (Double?)Hut 8 is one of the older and experienced BTC miners that is run by some wonderful ladies in Canada where it is cold and they are using low cost energy. Texas miners are shutting down to provide electricity back to the grid. European Miners have much higher energy cost and are also unplugging. When so many machines that mine Bitcoin go off the network the ones that are left get paid much more. It is estimated that Hut 8 is earning an extra 10 to 15% Bitcoin because of other miners turning off machines. Hut is also continuing to buy equipment at low costs and are growing BTC mined per month. Hut has burned through the Ichimoku Cloud and just retested support Friday. If the QQQ continues to squeeze those that don't believe that the Nasdaq leads 4 months before the low of the market, HUT 8 can surge like MARA and SDIG did. If you watch Krowns Crypto Cave analysis on BTC each morning then you know that BTC is setting up for a run up to 25k to 28k by the end of this month. Wild Card Prediction - Elon Musk did sell BTC in Tesla to make payroll for those big cash furnaces in China, Berlin and Austin. He went out of his way to say he didn't have anything against Bitcoin but you know his CFO was explaining he didn't want to show a $500M asset devalue, so they sold at their cost. The other sale of BTC was for a $200M gain. Elon is sitting on a lot of cash for his Tweet excursion that likely will expire. Where will that cash go? Dogecoin, maybe, but more likely BTC. MARA and SDIG both saw crazy moves up. So if you're looking for the next Bitcoin miner to get crazy options activity it is likely Hut 8, but maybe it will only be the poorly run BTC miners. Paul Barron Network did a nice interview of Hut 8 last month on youtube if you want to learn more about them. Bitcoin currently trades in great linkage to the QQQ but that is only likely to continue for a little longer as asset managers uncouple their trading algorithms for BTC. Longby GT350Updated 332