WULF has a stronger overall price structure
$TeraWulf Inc.(WULF)$ is my go to among the 11 tickers. i will second $Bitfarms Ltd.(BITF)$ but WULF has a stronger overall price structure
Thought process
1. Less than 4xATR% from 50-MA, only 3: WULF BITF $APPLIED DIGITAL CORP(APLD)$ . Think of my ATR% from 50-MA multiple as how far u can stretch/pull a slingshot from a base structure
2. RS first, Setup second, look at the volatility adjusted RS against BTCUSD in comparison to the first. WULF and APLD begins RS first on 30th May, BITF only begin on 23rd June.
3. MA resistance challenges, WULF is the only few trading above all MA
4. There is a higher low consolidation setup in price structure for WULF in the prior 5 session. Not for APLD. BITF is out of the picture because since it remains below 150 and 200-MA, it also hasn't breached the 'High' cycle in Mid May which all the other 10 tickers did, clear laggard in price development.
I am very heartened some of you could get the answer right and explain the reasoning in clarity. I do not even know WULF has the highest short float among all, but it will not be a reasoning to prioritize it over others just solely on short float %.
The previous run in $Coinbase Global, Inc.(COIN)$ was +110% during its setup, lets see how this bitcoin cycle will reward us
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