WGMI CoinShares Bitcoin Mining ETF

Patiently waiting for the violent bounce for all of these: $WGMI $NBIS $CIFR $IREN. Except for $CRWV. You guys deserve a lot of shade for blowing up Neoclouds.

$WGMI WGMI is within a large weekly window of risk which is why we are seeing the selloff we are seeing in related names. Week before Halloween is expected target period for the bottom but that can be +/- 1 week. So within the next 4 weeks we are going to see a nice buy-the-dip opportunity on the data center names especially $IREN and $CIFR. Maybe $MARA as well. $NBIS is really the only one that has held structure so far so I don't expect a deeper cut to evolve. We shall see.

$WGMI $WULF $CIFR A lot of comments observe that various names in the sector appear to move together in relative lockstep. They definitely do, almost all of them. That’s why I watch WGMI, a sector ETF. It essentially averages the moves in the sector, filters out single-stock noise, and shows where the whole group is in its cycle. On this macro structure overlay, I copied the trend lines from the first wave and pasted them onto the second. They matched almost perfectly: 45 trading days up, then 113 trading days down, then 45 trading days up, and hopefully only 113 trading days down. If history repeats, we’ll see chop until after the election, then hopefully the start of a new bull run. That would also align with the historical fact that the 9 months following a midterm election are the strongest stretch of the four-year presidential cycle. Hopefully history repeats! 🤞

Looking for a bullish reversal off this key horizontal level on $WGMI for a reclaim of the $40 level in the near future...

$WGMI maybe this is the AI bottom the Democratic socialist takeover of America. AI doesn’t give a shit it’s an everything. It probably wrote the marketing plan 

$WGMI trading below a cluster of daily MAs but the weekly chart shows upside potential. Both charts show confluence in the 40s

$WGMI hate how this one doesn’t properly track its holdings outside of cash session. C’mon . . .

$WGMI at this rate, if the large caps/tech that have been carrying market pull back even a little, I could see the 2025 low undercutting. Maybe $25 on this ETF

$WGMI look at the five-year chart this could drop so much more had to get out with a 25% loss. Democrats have been using data centers as a leverage to help win. This will drop more guarantee it.