Cipher Mining Inc.Panjang
CIFR Bullish momentum surges!
The weekly analysis of CIFR indicates a promising setup. The reverse head and shoulders, along with a large cup and handle pattern, suggests a potential bullish trend. The 20% short interest adds the possibility of a short squeeze, amplifying upward momentum. The MACD turning up is a positive sign.
Currently, the RSI at 56.55 suggests a balanced market without extreme overbuying. Considering these factors, there's room for potential upside. Keep an eye on the breakout from the reverse head and shoulders, as it could trigger significant buying interest.
Stay attentive to changes in market sentiment and short interest for a well-rounded view.
Currently, the RSI at 56.55 suggests a balanced market without extreme overbuying. Considering these factors, there's room for potential upside. Keep an eye on the breakout from the reverse head and shoulders, as it could trigger significant buying interest.
Stay attentive to changes in market sentiment and short interest for a well-rounded view.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.