IREN LimitedIREN LimitedIREN Limited

IREN Limited

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IREN If we can get above the point of control (~7.73) we should look to take out the FVGs at 8.30-10. No major sell order blocks till 12.


IREN These guys are being way too stubborn with these data center deals (or lack thereof). Take a cue from CORZ and get your stick on the ice fellas. But it's cheap, so I may get long around $6.20

IREN after a nearly 45% plunge this dog is not bouncing with any meaningful action. She’s cooked.


IREN I bit here at the closing price of 8.78 and I'll get out at the first profitable daily close. Historically, at this level of discount, my W/L ratio is 68-0 with an average gain of 5.4% in 29 trading days. With the market as it is, I suspect this could be toward the longer end of that range, maybe even beyond if BTCUSD keeps soiling itself. but it could also pop tomorrow, too. You never know with BTC and its mining affiliates.

I'm not a diamond-hander here at all, though. This is ideally a smash and grab 1 day trade, if possible. There is real risk here, which is why I'm not posting this as an idea like I normally do. But I'm willing to wait, so here I am. Maybe a better price tomorrow, maybe not. If it is, I'll add to my position and if it's not, I'll be cashing out with a profit.

IREN Under 8 will be tempting but need to see BTC put in a lower base.

IREN This thing is still giving good intraday scalps. Not going long here, as I expect $8-9 if the S&P corrects given the current correlation.

IREN +23% since Jan 29th while BTCUSD is -7.5% in the same timeframe. that outperformance does tend to mean revert over time, though, just like underperformance does.