With BTC/crypto finding support going into the weekend, crypto miners are set to make a run for the week of 2/7/22
I traded
HUT in the past on it's run to it's high of $16.57.
Many bag holders on the route back to that high, so I would expect selling pressure on any movement to the upside.
Not expecting a run to $16 in the coming week, but a run to $9.00 definitely looks possible
Drew some crystal gazer tarot lines (lol) from recent high bullish volume points that create a channel that looks primed for a break out
1st PT: 7.09
2nd PT: 8.10
3rd PT: 9.00
$5.8 range is support/technical exit level
Watching for confirmation of break of 50EMA for further movement to the upside
BTC/crypto sentiment will weigh heavily on the momentum of movement - bullish and bearish
Many of these miners are great for trading to grow small accounts, and often run parallel with BTC/crypto sentiment
As always, stay sharp, and manage your risk! Good luck!
Senor C
*Not financial advice*
I traded
HUT in the past on it's run to it's high of $16.57.Many bag holders on the route back to that high, so I would expect selling pressure on any movement to the upside.
Not expecting a run to $16 in the coming week, but a run to $9.00 definitely looks possible
Drew some crystal gazer tarot lines (lol) from recent high bullish volume points that create a channel that looks primed for a break out
1st PT: 7.09
2nd PT: 8.10
3rd PT: 9.00
$5.8 range is support/technical exit level
Watching for confirmation of break of 50EMA for further movement to the upside
BTC/crypto sentiment will weigh heavily on the momentum of movement - bullish and bearish
Many of these miners are great for trading to grow small accounts, and often run parallel with BTC/crypto sentiment
As always, stay sharp, and manage your risk! Good luck!
Senor C
*Not financial advice*
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.