Last summer
HUT saw a similar squeeze.
TTM Squeeze Overlay shows Bollinger Bands and Keltner Channels. When the Bollinger Bands (purple) go inside of the Keltner Channel (yellow), the market is said to be in a squeeze.
The squeeze is about to fire long, don't miss the trade!
The dots across the zero line of the TTM Squeeze & Momentum indicator will turn red, signifying this period market compression. Once the Bollinger Bands move outside of the Keltner Channel, a squeeze has “fired”. In order to determine the direction of the move, look at the histogram of the TTM Squeeze & Momentum. If it is above zero, the squeeze has fired long,
Bitcoin bouncing back from the 64K bottom, let's hope it's the bottom for this summer rally!
HUT is not only a crypto miner, but also an AI infrastructure play! We have seen some huge moves among other miners/AI like
IREN /
CORZ /
CLSK - Now it is time for
HUT to shine!
TTM Squeeze Overlay shows Bollinger Bands and Keltner Channels. When the Bollinger Bands (purple) go inside of the Keltner Channel (yellow), the market is said to be in a squeeze.
The squeeze is about to fire long, don't miss the trade!
The dots across the zero line of the TTM Squeeze & Momentum indicator will turn red, signifying this period market compression. Once the Bollinger Bands move outside of the Keltner Channel, a squeeze has “fired”. In order to determine the direction of the move, look at the histogram of the TTM Squeeze & Momentum. If it is above zero, the squeeze has fired long,
Bitcoin bouncing back from the 64K bottom, let's hope it's the bottom for this summer rally!
Note
Showing great strength on a choppy Note
Hut 8 Mining Corp. (HUT) PT Raised to $17 at BenchmarkNote
I think we will see the Note
Hut 8 Announces $150 Million Strategic Investment from Coatue to Partner in Building Next Generation AI Infrastructure PlatformNote
The squeeze has fired long* Histogram moves above zero
* BB moved outside of keltner channel
* Price breaks above declining trendline
Note
Hut 8 Set to Join to Russell 3000® IndexDisclaimer
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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.