CIFR — TLI Research (2026-09-25)

Summary

CIFR (Cipher Mining) is a new TLI WATCHLIST pick. Breakout underway at strong confluence level of $18.82-$19.10 (50 DMA + 200 DMA + 0.618 Fib). TLI sees very little resistance up to the 1.618 Fib at $23.80 if bulls hold above $18.82. Wave 3 target: $53.

TLI Analysis — Key Levels & Timeline

2026-09-25 — email #103752 — WATCHLIST — Breakout at $18.82 Confluence

Subject: $CIFR - WATCHLIST - Type: Text-based chart post.

• $CIFR is up +5% in the PM, bringing price just above the strong confluence breakout level of $18.82 to $19.10
• At this level, the 50 Day MA, 200 Day MA, and 0.618 Fib are all at $18.82 — very important level for bulls
• A hold above $18.82 means bulls are in control
• Very little resistance up to the 1.618 Fib at $23.80 next
• This potential breakout was highlighted a few days ago and is now happening
• Next low risk buy entry = hold at $18.82 or above
• Confirmation of new impulse wave forming — part of Wave 3
• Wave 3 target: $53

Position Context

• Conviction: ⭐⭐ — WATCHLIST (new coverage)
• Key levels: $18.82 (confluence breakout), $23.80 (1.618 Fib), $53 (Wave 3 target)
• Role: Bitcoin mining / breakout play

Price Check

• 2026-09-25 — CIFR (+5% PM). Breakout at $18.82 confluence (50 DMA + 200 DMA + 0.618 Fib). Next target $23.80. W3 target $53.

2026-10-07 — email #104347 — Coverage (Image-based)

Subject: $CIFR Type: Image-based chart post. No extractable text. Price check: 2026-10-07 — $NA (yfinance data not available). CIFR image post received Oct 7.

2026-10-08 — email #104392 — Descending Bullish Wedge, No Urgency to Buy

Subject: $CIFR Type: Text-based coverage post. Key analysis: - Asked why no purchase of CIFR, IREN or NBIS yet — with exception of NBIS, no need to rush - $CIFR has been at the same price since September 2025 — fundamentals needed to catch up - CIFR in a descending bullish wedge since June — NOT following the market - Price showed signs of reversing mid-Sept, bounced to wedge breakout level + 50 WMA at $18.40 - But US 10YR put pressure on high beta positions - CIFR can stay in this wedge for a few more weeks but a direction must be taken - Has NOT considered a position yet — would consider a starter position if it drops out of the wedge Price check: 2026-10-08 — CIFR (no yfinance direct price). Descending bullish wedge since June. Bounced to $18.40 wedge breakout level but US 10YR pressure. Would consider starter on wedge break.

🟢 POSITION OPENED — 2026-10-08

BOUGHT 1,000 shares @ $13.18 (Robinhood, individual account •••8976, 2:23 PM ET)

Context: Entry at $13.18 is well below the $17.68 last-tracked price — suggesting a further drop from the wedge. Bought into the descending bullish wedge setup. Risk: the wedge can extend (2-3 weeks) or break bearish. Reward: if wedge breaks bull and flips $25.75, W3 target $53. Position sized as starter/conviction — 1,000 shares is a meaningful stake.

Status: Wedge phase — watch for breakout direction. Consider stop below ~$11.50 (below recent lows) if fundamentals deteriorate.