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HUT 8 CORP. O.NHUT 8 CORP. O.NHUT 8 CORP. O.N

HUT 8 CORP. O.N

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1HUT trade ideas

HUT 8 - Time to Let it Reload HUT 8 - NASDAQ:HUT EARNINGS RELEASE: This Thursday 17th August 2023 👀 ⚠️The last 3 quarterly earning reports have had consistent 10% or more reduction to revenues . o Hut 8 is one of North America's largest innovation-focused digital asset mining pioneers and high performance computing infrastructure provider. o Hut 8 has one of the highest capacity rates for mining in the industry and one of the highest inventories of self-mined Bitcoin of any digital asset miner or publicly-traded company globally. o With 9,136 BTC, Hut 8 continues to have one of the largest self-mined Bitcoin reserves of any publicly traded company o On June 26, Hut 8 announced that it entered a US$50 million credit facility with Coinbase Credit, Inc. THE CHART The chart speaks for itself. My ideal entry would be off the POC or 200SMA with three confirmations: 1. MACD CROSS 2. OBV VOLUME BREAKOUT 3. RSI OVER SOLD Safe Trading folks PUKA
NASDAQ:HUT
by PukaCharts
Long Hut 8 Mining Corp. $HUTHut 8 stands out as a pioneering force in North America's digital asset mining landscape, with a strong emphasis on innovation and a notable role as a high-performance computing infrastructure provider. As one of the industry's pioneering miners, Hut 8 has left a significant mark. Notably, on June 26, Hut 8 made a significant move by entering into a credit facility valued at US$50 million, establishing a partnership with Coinbase Credit, Inc. With an EARNINGS RELEASE scheduled in just 3 days, the anticipation for the upcoming announcement is growing.
NASDAQ:HUTLong
by Gabriel-Dao
Hut 8 Mining; The Bitcoin Leverage PlayTo get maximum gain in Bitcoin moves, we must turn to the Bitcoin mining companies for they yield leveraged moves to the upside or downside of Bitcoin. Hut 8 Mining is shown here with support and resistance with rejection at the 200DMA. Ideally we want to see price find support at lower trendline or if it breaks lower we seek for a swing low on a daily timeframe for trend change. Closing above the pink resistance & 10DMA means the daily cycle has turned bullish. Red Flag: If price goes lower than $1.21 the major trend becomes bearish, we will be looking for lower highs & lower lows for the weekly trend. Since Bitcoin miners yield higher returns in short time frames, one is best to trade these level to level consistently taking profit.
NASDAQ:HUTLong
by runyamhere