Cipher Mining is bouncing from a well-defined historical demand zone (1.70-2.30) โ a level that has consistently marked the start of powerful upside cycles.
๐ Technical Highlights:
โ Major demand zone tested and respected โ clear accumulation area
โ MACD bullish crossover and histogram turning green
โ RSI reversal from deep oversold โ momentum shifting early
โ Strong historical pattern: Each prior touch of this zone led to +100% moves
๐ Targets for Partial Profit-Taking:
โ๏ธ TP1: $4.21
โ๏ธ TP2: $5.29
โ๏ธ TP3: $7.76+ (matches analyst avg. target of ~$7.84)
No hard stop โ this is a mid- to long-term investment setup
๐ง Investor Context:
โ Analysts maintain a Strong Buy rating (avg PT: ~$8)
โ Cipher turned profitable in Q4 2024 and is expanding rapidly
โ Black Pearl (150MW) site goes live in Q2 โ +70% hashrate growth
โ High exposure to Bitcoin upside, plus future HPC potential
โ Ideal setup for those building exposure to crypto infrastructure at cycle lows
๐ Note: Not a short-term trade. This is a high-conviction equity idea built on technical structure and strong fundamentals. Treat it as a long-hold with scaling opportunities.
Weโll provide updates on earnings, expansion news, and macro signals as this plays out. ๐๐
๐ Technical Highlights:
โ Major demand zone tested and respected โ clear accumulation area
โ MACD bullish crossover and histogram turning green
โ RSI reversal from deep oversold โ momentum shifting early
โ Strong historical pattern: Each prior touch of this zone led to +100% moves
๐ Targets for Partial Profit-Taking:
โ๏ธ TP1: $4.21
โ๏ธ TP2: $5.29
โ๏ธ TP3: $7.76+ (matches analyst avg. target of ~$7.84)
No hard stop โ this is a mid- to long-term investment setup
๐ง Investor Context:
โ Analysts maintain a Strong Buy rating (avg PT: ~$8)
โ Cipher turned profitable in Q4 2024 and is expanding rapidly
โ Black Pearl (150MW) site goes live in Q2 โ +70% hashrate growth
โ High exposure to Bitcoin upside, plus future HPC potential
โ Ideal setup for those building exposure to crypto infrastructure at cycle lows
๐ Note: Not a short-term trade. This is a high-conviction equity idea built on technical structure and strong fundamentals. Treat it as a long-hold with scaling opportunities.
Weโll provide updates on earnings, expansion news, and macro signals as this plays out. ๐๐
Seizing Opportunities, Maximizing Returns. With 7+ years of experience, we provide accurate insights and trading signals.
๐น Free daily signals & analysis
๐น Expert strategies & updates
Join now: t.me/valchevfinance
๐น Free daily signals & analysis
๐น Expert strategies & updates
Join now: t.me/valchevfinance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Seizing Opportunities, Maximizing Returns. With 7+ years of experience, we provide accurate insights and trading signals.
๐น Free daily signals & analysis
๐น Expert strategies & updates
Join now: t.me/valchevfinance
๐น Free daily signals & analysis
๐น Expert strategies & updates
Join now: t.me/valchevfinance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.