MIGI to $4 Dollars - QUICKLY#Bitcoin Miner
Can explode upwards quickly.
Extremely beaten down. But can recover just as quick.
Currently massive Bollinger squeeze as it takes out key resistance levels.
MIGI trade ideas
MIGI gains BIG if BTC breaks 70k 65% year-on-year increase in overall monthly business revenue some catalysts on the horizon such as expansion of its lease in Ohio, further extending its AI (artificial intelligence) and HPC (high-performance computing) growth capacities.
CODX, LINK, EHTH, UA, MIGI and EVRI. Huge upward potentialFED is expected to start to cut rates in September and smart money will start to find alternative investment vehicles to put their money in. These stocks are showing good potential. I already have positions in all of them but still may add more to my positions.
Disclaimer: Not financial advice. Do your own analysis and research.
MIGI capable of 20% run or better!Mawson has been holding back but could potentially run harder than some of the other Bitcoin miners, at least based on pattern. We are getting up there in RSI but could stay embedded for a bit. Momentum seems to be swinging to the upside. Not financial advice, DYOR.
MIGI: set for stop order entry and forgetMIGI: set for stop order entry and forget:
- Key level and down channel ressistences.
-Quasimodo structure.
-Demand zone supports.
Mawson Infrastructure group technical analysis. Trade Idea that I believe that this stock is about to explode to the upside. reaching 25 or even more. I am planning to hold the trade for a year or so with an exit around 2025. Normally this stock correlates with Bitcoin that is why I think such a move may be anticipated.
DIsclaimer: All my analysis can be wrong so do you own analysis and only invest money that you can afford to lose.
MiGiI will be buying Mawson Infrastructure stocks at these prices and will target 25 USD Price. Do your own analysis before investing.
MIGI SkyrocketsMawson Infrastructure Group (MIGI) appears to be a company that is addressing a significant issue in the energy sector – the mismatch between where energy is produced and where it is consumed. This is often referred to as the problem of "stranded energy," where energy resources are geographically remote from potential users and thus cannot be easily or economically transported to where they could be used. This can result in underutilized energy assets, such as wind farms in areas with low energy demand or natural gas that is flared because it is not economical to capture and transport it.
To tackle this issue, Mawson Infrastructure Group seems to have developed a business model that involves pairing these stranded or underutilized energy assets with their modular data center (MDC) technology. Data centers require a significant amount of power to operate, and by situating them close to these energy sources, Mawson Infrastructure Group can potentially reduce energy waste, lower costs, and improve the profitability of both the energy and data center operations.
The mention of high margins across various operations suggests that the company has found a way to not only make use of this otherwise wasted energy but also to do so in a highly profitable manner. The focus on return on investment (ROI) and shareholder returns indicates a commitment to creating financial value from this innovative approach.
In the context of an evolving energy dynamic, where there is increasing emphasis on efficiency, sustainability, and the integration of renewable energy sources into the grid, Mawson Infrastructure Group's strategy could be particularly relevant. By positioning their modular data centers in close proximity to these energy sources, they may be reducing transmission losses and helping to balance the grid, while also providing a stable demand for power that can support the financial viability of renewable projects.
Investors or those interested in the energy and technology sectors might find Mawson Infrastructure Group's approach and business model worth further examination, especially as the world continues to seek solutions for more efficient and sustainable energy usage. It's important for potential investors to conduct thorough due diligence and consider all risks before making investment decisions.
Bullish Momentum: Migi Analysis UpdateHistorical Pattern:
Back in January 2021, MIGI showed a bullish move when the weekly candle went above the Bollinger Band, and RSI was above 50, resulting in a 300% gain over 21 days.
This week's candle is currently above the Bollinger Band, and the RSI is also above 50, suggesting a potential bullish move.
Fibonacci Levels:
Using Fibonacci retracement from the high in August 2021 to the lows of August 2023.
Golden pocket levels to watch: 64.35, 73.11, and 81.87.
Estimation:
Considering historical patterns and current indicators, there's potential for a bullish run.
Watch for confirmation from the current week's candlestick and keep an eye on potential resistance around the Fibonacci levels.
Tips:
Stay updated on market news.
Consider other indicators for confirmation.
Practice proper risk management.
UNDER the radarKeep an eye on NASDAQ:MIGI
A hidden gem.
Bitcoin Miner that is lagging and only have 14M Float.
Tutes have been buying silently.
Volume have been increasing the couple of weeks.
Low risk and HIGH reward play. Could 10x on a crypto bullrun imo
#Crypto #miner do you believe!!! I do ... $100 TargetSpring 2025
#Bitcoin is going to have a great bull market (maybe the last one) before a deep slumber
#LFG
