CLSK Daily — Fib Reclaim in Play After Trendline Break
CleanSpark bottomed at the full 1.0 retracement ($8.00) and has been building a recovery structure since mid-March. The descending trendline from December highs is now broken — price is consolidating above the 0.618 fib ($10.85), currently trading $11.18.
Structure:
— Swing high: $15.49
— Swing low: $8.00 (1.0 fib, clean bounce)
— 0.618 ($10.85) acting as reclaimed support
— Descending trendline from Dec broken and retested
Levels I'm watching:
▸ Hold above $10.85 (0.618) → structure stays intact
▸ $11.73 (0.5 fib) — first real test of continuation
▸ $12.61 (0.382) — the level where shorts start covering
▸ $13.70–$14.37 (0.236–0.146 zone) — supply cluster
▸ $15.49 — full recovery / swing high reclaim
Invalidation:
▸ Daily close below $10.85 unwinds the fib reclaim thesis
▸ Below $10.22 (0.707) and the recovery structure is broken
Bias: Constructive above 0.618. This is a fib ladder setup — each level proves or kills the next. No need to front-run. Let price show its hand at $11.73.
Process over prediction. Risk-first, always.
— WaverVanir
CleanSpark bottomed at the full 1.0 retracement ($8.00) and has been building a recovery structure since mid-March. The descending trendline from December highs is now broken — price is consolidating above the 0.618 fib ($10.85), currently trading $11.18.
Structure:
— Swing high: $15.49
— Swing low: $8.00 (1.0 fib, clean bounce)
— 0.618 ($10.85) acting as reclaimed support
— Descending trendline from Dec broken and retested
Levels I'm watching:
▸ Hold above $10.85 (0.618) → structure stays intact
▸ $11.73 (0.5 fib) — first real test of continuation
▸ $12.61 (0.382) — the level where shorts start covering
▸ $13.70–$14.37 (0.236–0.146 zone) — supply cluster
▸ $15.49 — full recovery / swing high reclaim
Invalidation:
▸ Daily close below $10.85 unwinds the fib reclaim thesis
▸ Below $10.22 (0.707) and the recovery structure is broken
Bias: Constructive above 0.618. This is a fib ladder setup — each level proves or kills the next. No need to front-run. Let price show its hand at $11.73.
Process over prediction. Risk-first, always.
— WaverVanir
WaverVanir ⚖ Process over prediction. Risk-first.
🌐 wavervanir.com
📊 stocktwits.com/WaverVanir
✈ t.me/wavervanir
💼 linkedin.com/in/prabhawa
VANIRVIBE: youtu.be/j3SiMcrObkU?si=bKt6issBOQ6vDFWx
🌐 wavervanir.com
📊 stocktwits.com/WaverVanir
✈ t.me/wavervanir
💼 linkedin.com/in/prabhawa
VANIRVIBE: youtu.be/j3SiMcrObkU?si=bKt6issBOQ6vDFWx
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.
WaverVanir ⚖ Process over prediction. Risk-first.
🌐 wavervanir.com
📊 stocktwits.com/WaverVanir
✈ t.me/wavervanir
💼 linkedin.com/in/prabhawa
VANIRVIBE: youtu.be/j3SiMcrObkU?si=bKt6issBOQ6vDFWx
🌐 wavervanir.com
📊 stocktwits.com/WaverVanir
✈ t.me/wavervanir
💼 linkedin.com/in/prabhawa
VANIRVIBE: youtu.be/j3SiMcrObkU?si=bKt6issBOQ6vDFWx
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.
