As indicated on the first post, ATER elected to worst case scenario. I see the range between 9.95 – 9.1 as a potential reversal range with three that was tested thus far on four different sessions and managed to protect the downsize, specifically with current low volumes on daily sessions. Breaking 9.0 with volumes would indicate the best next support level...
Summary about the Aterian Inc - ATER (previously known as MWK): is a consumer product platform, experts at scaling brands growing more efficient by creating consumer products that respond to needs expressed by shoppers, using data and machine learning to understand the customer journey. Today, our they have more than 2,000 products, supported by AIMEE™, their...
Just as anticipated, 9.2-9.3 was wrecked by the offering and BTC downtrend movements played a massive role on pushing this below 8. As you can see from the volumes, defiantly there are buyers and sellers competing over the direction of HUT8 unlike other miners that were sliding down today. We are approaching a strong support layer at 7-6.6, i hope we don't break...
HUT8 have been performing great since we indicated the reversal point, our performance was to the mark thus far. The great thing is that volumes are setting into a record high at a top 10.7, which show how the market and trader are approaching the previous top. This is overlapping with 0.23 resistance levels, and you should deduce by looking at last three sessions...
Since mid-April HUT8 was into a downtrend, and is forming a great rounding bottom. In past weeks, it seems to be forming a Cup and Handel pattern with a small handle, which usually indicates strength on the pattern accuracy. Unfortunately this is being driven by underlying asset movement (BTC bull run) however the company scheduled to announce progress in miners...
NASDAQ:HUT is a BTC mining company (they will add Ethereum) soon that was traded in TSX and OTC for long. It is one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018. Located in energy rich Alberta, Canada, Hut 8 has one of the highest installed capacity rates in the industry and...