Hut Bitcoin Miner Should Start Turning The Corner - Hut8 MiningReally liking the Bitcoin miners here, they have been taking a long time but I also see Bitcoin turning the corner here at 43k, there going to really payoff when they get going.
HUT trade ideas
Bitcoin MinersBitcoin Miners comparison chart:
Bitcoin = candlestick
HUT = green
BTBT = blue
RIOT = orange
HIVE = yellow
MARA = purple
BITF = red
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
$HUT have a bottom at our support we will se a reversal at our support as I show in the chart, and we have after 2 PT.
Market Update and a look at fee FREE blockchain ETFs/MinersIn this video:
* Should we be concerned about the price action today in the crypto space?
* A quick peek at the Stock Indexes and BTCUSD and ETHUSD
* Fee Free Blockchain ETF's and Miners which you can buy on Robinhood, Ameritrade, and others:
GBTC
MARA
RIOT
NDTAF
HUT
HIVE
IREN
BITF
GREE
ARBK
ARBKF
SDIG
BTCM
CLSK
BTBT
DMGGF
ARKK
BLOK
COIN
BSVUSD
BCHUSD
BTCUSD
DOGEUSD
LTCUSD
ETCUSD
ETHUSD
Best to you all and HAPPY NEW YEAR!
-Stew
HUT - Weekly Chart - Long Term SwingI'm already long HUT but looking to add more around the $5.80-6.00 area for a 2022 swing. In my opinion the trend line is good risk reward for a longer term swing into next year.
$HUT held our support next target 9.28$HUT starting to push up when it hold our support above the 8$, no if we continue holding, the next price target will be first the 9.28$ then the 10.30$, let's hunt .
$HUT - Hut 8 Mining Corp. a buy soon?$HUT is on a correction atm, and bounced one time exactly on the .618 retrace from the last big low to high. If we see a second confirmation low, and then break out of the supply line, we might have a very decent buying opurtunity on this crypto mining stock! Stay tuned
HUT mining, the power of 1 - 1 extensions and divergence.Corrections were warranted across the crypto stocks, but in my opinion we are still just getting started.
$HUT Building a Pivot Around 50 MAPutting $HUT on my secondary watchlist
I like the pivot it is building around its 50 MA and right above previous breakout level.
Watching for now. If it holds and turns around, It got my attention
11/21/21 HUTHut 8 Mining Corp. ( NASDAQ:HUT )
Sector: Technology Services (Dating Processing Services)
Current Price: $13.22
Breakout price trigger: $14.40
Buy Zone (Top/Bottom Range): $13.40-$11.80
Price Target: $18.60-$19.10
Estimated Duration to Target: 62-67d
Contract of Interest: $HUT 1/21/22 15c, $HUT 3/18/22 20c
Trade price as of publish date: $2.90/contract, $3.40/contract
HUT head and shouldersWhere are all my big shorters at? here will be another BANGER on HUT. Short responsibly.
HUT - Looking for $20-$21 PTOpened a 1/3rd position at $14 today. Plan is to add at $12.10 and $11.05 if given for my other two bullets. Price target is $20-$21 with a SL at $9.75
HUT EMA 15 as supportEMA 15 has been daily support and confirmed that again yesterday.
today watch $15.75 as resistance, and has been for a few days. Once cleared HUT should move quickly to $19.17, which should complete cup and handle.
HUT8 PRE-EARNINGS - The Days AheadAfter Tuesday's Gap Up, we are in price discovery mode as we reach new highs.
The red areas are worst case scenarios.
The yellow area is a zone (area) of support that COULDbe avoided if this stock continues the upward trend.
The green areas are most likely to happen due to the trend and earning coming up on Thurs, Nov 11.21.
H O D L T H E H U T !
Please Comment, Like and Follow for more ideas.
Hut 8 2 Paths ForwardI think Hut 8 must retest $13.5 previous resistance before continuation upward. If it breaks that, 8.50 is my downside target. To the upside look to 23 dollars as new target.
HUT: Intraday Bull Flag WatchHUT: Possible intraday bull flag setting up into the close. Running with crypto and the sector as of recent. Earnings is scheduled for 11/11/2021. FOMC meeting tomorrow 11/03/2021 may affect risk appetite of participants. Long is still favorable. KL is marked at 15.02 if price action breaches lower limits of flag // ATR: 1.06, Beta: 2.54
$HUT NEXT Crypto Banger!!!- pennant pattern set up
-looking to play the upside since we have had a strong close
- Can also break down as well depends on how price action plays into open
-my entries will only be taken if we have 1-2 candlestick confirmations
