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Clsklong

CleanSpark (CLSK): Strong Upside Expected After CorrectionWhy this matters now: CleanSpark remains one of the strongest miners in the sector, but the current technical structure suggests a likely correction before the start of a major bullish cycle. 🔹 Main Thesis Technically, CLSK is bullish, but a short-term correction to $8–10 is expected, after which the stock could launch a strong upward move toward $43 and beyond. 🔹 Key Arguments Wave Structure: Wave 1 is complete ✅, Wave 2 (correction) is underway. We are now in the final phase before the next impulse wave. Resistance $25–43: $25 is a key previous high. A short-term breakout with a small pullback is possible, followed by a retest and formation of the next upward wave. Targets: $43, then $150+. Volume Cluster $8–10: The main smart money cluster where significant positions were accumulated provides strong support. This is likely the bounce zone after the correction. Fundamentals: EPS growth ~50% YoY, forward P/E ~15. Cash flows are unstable. Correlation with Bitcoin: As a Bitcoin miner, CLSK is highly correlated with BTC. Historically, when BTC corrected 70–80%, CLSK tested lows in the $8–10 zone. Currently, CLSK could first rise to $30–35 and then correct along with BTC by roughly 70%, aligning with the $8–10 support cluster. Levels and Targets Resistance: $25 - key level, possible false breakout Support / Smart Money Cluster: $8–10 - likely bounce zone Final Cycle Targets: $43 → $150 - breakout above $43 opens the path to $150+ 🔹 Risk & Invalidation Main Risk: strong BTC correction → CLSK tests $8–10 cluster. Historically, four previous corrections in BTC were around 70–80%, matching the current structure. ❌ Invalidation: break and close below $6 → current wave structure would be invalidated and require reassessment. 🔹 Summary CleanSpark is forming a strong bullish trend. After a possible correction to $8–10, a powerful upward impulse is likely, with targets at $43 and beyond. Potential from current levels: 10x+, but the path includes a consolidation phase. 🔹 Discussion What’s your take on CLSK? Do you agree with the correction scenario, or do you see a different move? 💬 Comment below or suggest which ticker we should analyze next!
NASDAQ:CLSKLong
by sdk-trading
CleanSpark Inc. (NASDAQ: CLSK) Stock Analysis and ForecastCleanSpark Inc. (CLSK) recently experienced a pullback from the $11.09 level, closing at approximately $9.36 at the end of last week’s trading session. This movement may indicate the formation of another lower low, aligning with the current broader market sentiment. Upon reviewing the technicals, particularly the ascending trendline, the following entry strategy is proposed for potential trading opportunities: Entry: $9.36 Stop Loss: $8.47 Take Profit 1: $12.00 Take Profit 2: $12.50 As always, it’s crucial to approach trading decisions with caution and implement appropriate risk management strategies. Reason: The analysis is based on recent price action and technical patterns, but market conditions and external factors can shift trends unexpectedly. If you found this analysis helpful, please like, comment, and share.
NASDAQ:CLSKLong
by ForexClinik
CleanSpark Rockets: All Targets Hit in 15-Minute Long TradeTechnical Analysis: CleanSpark – 15-Minute Timeframe (Long Trade) CleanSpark showed strong bullish momentum, reaching all profit targets after entering the long trade at 9.06. This trade has concluded successfully with all targets achieved, confirming a solid upward trend. Key Levels Entry: 9.06 – The long position was entered following a clear bullish signal. Stop-Loss (SL): 8.81 – Risk management was placed below the entry point. Take Profit 1 (TP1): 9.37 – First target met, validating the initial bullish trend. Take Profit 2 (TP2): 9.87 – Continued buying interest drove the price to the next target. Take Profit 3 (TP3): 10.37 – The uptrend remained intact, hitting the third profit level. Take Profit 4 (TP4): 10.68 – Final target achieved, confirming the trade's success. Trend Analysis The price remained well-supported by the Risological Dotted trendline, indicating strong upward momentum. Each target was hit as the price steadily moved in the long direction, with minimal retracement. CleanSpark’s long trade demonstrated the power of catching the upward trend early. With all targets hit, this trade stands as an excellent example of precision and market timing.
NASDAQ:CLSKLong
by Risological_Algo
1
CLSK most important chart and targets! (NFA)Hello Tradingview community! As always: If this pattern I'm showcasing doesn't work as predicted.. then please don't come crying to me (ty) -> NFA DYOR I think from a chart perspective this is our MOST important chart for NASDAQ:CLSK As you can see.. these "channels" got respected all the way up and down What are the targets? Well I have highlighted some for you on the charts - but honestly these prices can change a lot since it depends on when CLSK hits those lines... So stick to watching the lines and not the highlighted prices I've put onto the chart. What do I personally think will happen? Well i believe we either go in the short term down to 7.5-8 dollars OR we recover here and 10 dollars is coming soon. How about EOY? Well because i'm fairly bullish on CLSK and the chart shows it's possible I believe CLSK will be 14 dollars to even 20+ (lines on the chart) How about 2025? Well again, from my personal perspective i believe CLSK could be Q1-Q2 2025: 30-40 dollars and potentially Q3-4 2025: 50+ dollars Of course -> NFA DYOR it's very important you WATCH the lines and don't just follow hopium.
NASDAQ:CLSK
by RandomTAdude