We are reaching levels where the stock might catch a bid. FED is now understood to be dovish so the risk is to the positive side for any favourable comments. War-worries have dissipated and the seasonal pattern is for the trend to begin risign, imminently. CLSK is the crypto stock with the best fundamentals; REV and EPS. Follow the strongest stocks.
CLSK - struggling to stay above the 14.00 area. Same area was hard resistance (red arrow on the left) after the stock succeed to break that 14.00 area, she keeps her momentum till the 24.50-25.00 area and from that point the stock dive to 14.00 area again, and now the same zone is intended to be a support zone (green arrow on the right) On top of it the same area...
Hello, I have wulf finishing up a triple Elliot wave WXY correction. I think it is about to go into a 5 wave impulsive sequence here.
Interesting concept @ MARA and miners. How stocks move conceptually, dont need to take it at face value. When public gets in and it's euphoric is a bubble indicator. Perception of stock to fly etc. And then return to earth.
CLSK on a 120 minute chart is in a gradually falling parallel channel. At this time price has topped at the channel's resistance trendline. The RSI has bearish divergence while the predictive algorithm shows a forecast of a trend down this upcoming week. I will short trade CLSK here with a stop loss at 20.6 above the channel and target of 14.75 near to the...
On the 15-minute chart- RIOT uptrended and then retraced. It is now supported by the standard Fibonacci retracement zone and UNDER the intermediate term mean anchored VWAP. On the RSI indicator, the signals are UNDER the 50 level another suggestion of direction being forecasted. In the meanwhile BTCUSD is trending down. while RIOT is not trading. I will watch...
CLSK is tied to the ebbs and tides of the crypto market especially high market cap Bitcoin. On the 120-minute chart, it is trending up from a reversal. The 0.5 Fib level is above at 10.0 about 10% upside from the current price. Earnings are February 8th. The last earnings saw a big turnaround as CLSK started to make money. Price is currently about 90% below...
I believe we will retest the Value Area High which aligns well with the fib 1 extension of Wave C pullback, before resuming higher. The upside move could be absolutely insane.
looking to take this long but am open to it going either way. solid plan in place, lets see how this goes
CLSK had a rejection at $19.91. I would be concerned for a significant pullback to around $10. I would want to see more bullishness into the $19.91 resistance level before considering any longs. CLSK and other crypto-related stocks will be impacted by Bitcoin's price action. Bitcoin is showing some bearishness and concerns for a drop so I'm personally not...
Consolidation complete with rising BTC, this should bounce of right shoulder as support for invers H/S and run to $30
Bought March 15th $14/$15 call vertical for $0.55. My breakeven is $14.55, as long as the stock is above $15 by expiration, I will have $0.45 (or 81%) profit. Oversold!
CleanSpark Inc - NASDAQ:CLSK This is a unique mid tier BTC miner that is edging ahead of Cipher Mining in terms of size, production and reserves held (See below for the pecking order of 4 BTC miners). The CLSK Trade - Ideal entry would be bounce off 200 DSMA - Risk/Reward from here is 5.55 which is not bad - Stop Loss placement at 200 DSMA or POC Chart...
RIOT is shown on a 15 minute chart over the past 7 trading sessions showing 3 trends up then with intermittent consolidation then a trend dow. The trend down is the most important. Given the strength shown on the indicator demonstrating bullish divvergence I believe that RIOT is now set up for a pullback entry long either shares or options at this...
over the weekend at the 0.5 fib retracement of a 100% 1-2 day move while Bitcoin trends higher in weekend price action. Can the price action reverse out of the pullback and retracement with bullish continuation? Relative strength has retreated but held at the 50 level. Consistent with consolidation, the volume fell off for the close of the trading week. I ...
CleanSpark Inc. (NASDAQ: NASDAQ:CLSK ) has captured the attention of investors with its remarkable performance in the past year, driven by bullish market sentiments and strategic acquisitions in the Bitcoin mining sector. As the company continues to expand its data center portfolio and operations, coupled with the anticipated growth in Bitcoin prices, ...
The performance over recent months as we enter a new CRYPTOCAP:BTC bull cycle (RELEVANT & recent timeframe) NASDAQ:CLSK - 307%+ since Dec 2022 NASDAQ:CIFR - 485%+ since Dec 2022 NASDAQ:MAR - 4,729%+ since Mar 2020 NASDAQ:RIOT - 1824%+ since Mar 2020 Keep an eye on who is holding the 200 day and who holds diagonal support PUKC
CLSK monthly data is conveying huge accumulation / net buying from the 3.0 levels. This level has been no question the most important order block level where buyers converge. A prospect of a generous upward momentum from this price level will be inevitable. Spotted at 3.5 TAYOR. Be mindful on safeguarding capital, always. ----------- Related Fundamental...