Assuming
CLSK can keep holding support here, it sets up a very nice long trade.
This hasn't really turned bullish yet on higher timeframes, but if we can see a move start this week, I can see continuation to the upside between the $13 resistance and the $19 resistance on the high side.
The chart looks like it's forming somewhat of an inverse head and shoulders, although I don't like patterns that have diagonal resistances as they're less likely to play out. The measured move of that pattern would be the $17.13 resistance though.
Let's see what happens from here.
This hasn't really turned bullish yet on higher timeframes, but if we can see a move start this week, I can see continuation to the upside between the $13 resistance and the $19 resistance on the high side.
The chart looks like it's forming somewhat of an inverse head and shoulders, although I don't like patterns that have diagonal resistances as they're less likely to play out. The measured move of that pattern would be the $17.13 resistance though.
Let's see what happens from here.
Trade closed: stop reached
i'm out of this ideaNote
Ended up buying back some calls here for 9/5Note
Welp didn't play out. Miners overall look weak. Out for goodNote
I got a 1 day buy signal today, so I took $10C for 9/26Note
Looking to be breaking out now. Let's see if this little run can continue higher.Note
Ended up selling my calls +2xNote
I went short with $13.5P on Friday because we hit resistance and price looks pretty overbought. If we can retest the trend line at around $11.54, I'll rebuy my calls for the next move higher. Note
Got out of the puts and ended up buying $16.5C for $10/17 at the lowsDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.