HUT.TO -- Cheap Canadian crypto miner retraced on gap fillHUT.TO a cheap exposure to BTC in this favourable macro environment. Nice breakout chart that retraced to fill the gap, respecting Fib support at 1.19. Good chance of a bounce and re-test of $2, IMOLongby wealth_bakeryUpdated 1
Possible inverse hns setting up1)On the weekly we can see bullish momentum picking up for this ticker looking at the indicators layed out and we even have a macd cross over.. 2)There is significant insider buying happening at 1.2 $ if you take a look at ceo.ca. 3) If you compare the left and "right" shoulder then we can see bullish divergence . 4) Value- This company mines bitcoin and as you can see it appear to be lagging quite bit from the price of btc especially if we take a look at the last couple of months, so imo this is a great value play on going long for btc with a lot less down side. 5) With the falling value of the dollar that will inflate the value of crypto 6) With the halving that happened on may 11 , it usually kick starts a bull market which can be argued with btc's recent price action. Once that happens I believe people will take notice to HUT potentially leading to a much closer correlation with bitcoin and with that more gains. who knows what will happen to this ticker if btc reaches 20k within this year. Based on the technicals and fundamentals I believe this has great potential.Longby gNnairdAUpdated 2
HUT Review: Technical and FundamentalA short update on HUT. Fundamentals assessed for the long term. Short term technical analysis. Also, a follow up on previous videos (link below)07:28by BardiaB2113
BTC Mining will benefit from higher BTCBased off the break down of DXY from recent highs of March 2020 and projected eoy low, this miner should benefit greatly from higher btc prices.Longby MarketsAnalyzed2
HUT 8 (HUT)Just got new mining equipment - crypto beginning a new bull run easy 11-25% gains to be had can see this being a 2x trade long term Longby iEatBeaver113
Quick update: Is the support in yet?A quick update on HUT8. Waiting for a reversal to get in long.05:01by BardiaB24
Large volume spikesJust randomly was checking out some charts found this massive spike ms in volume. I know nothing about this company. I’m guessing they mine crypto’s. I would like to see this pull back to .95 and consolidate and ride another volume spike. by derekh426
HIve, GLXY, Hut 8, Bitcoin. ETHHere's a 1 year chart comparing Bitcoin in the yellow, Hut 8 in the Red, Hive in the Green, ETH is the Blue Line & GLXY the Purple line, the 200 Day MA is the Black line. It's possible this parabolic rise in Hive is correlation coming back between Ethereum & Hive, it would possibly explain the uptick even when ETH is red. by ScotianBot116