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Hut 8 Corp.

HUT Uptrend intact

92
HUT A large bearish engulfing candle at major resistance saw the price drop back into the range. It is now attempting break-out once more.

Price remains in a firm uptrend at major resistance with not much to add.

🎯 Terminal target for the business cycle could see prices as high as $135 based on Fibonacci extensions

📈 Weekly RSI hit overbought and reset back to the EQ.

👉 Analysis is invalidated if we close back below the weekly 200EMA

Safe trading
Maddox_Metrics
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Também em:
AIBTCElliott WavehashHUTminerminingnitcoinpowerSupport and ResistanceTrend Lines

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AIBTCElliott WavehashHUTminerminingnitcoinpowerSupport and ResistanceTrend Lines
Maddox_Metrics
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Também em:

Publicações relacionadas

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.