In my humble opinion I note that a figure of bearish relevance has been forming for days on different time frames. Considering that a retracement of Bitcoin is increasingly plausible, it is advisable to tighten the stops and open some short positions
Refer to previous charts. Been buying since $2. Looking for a move towards ATH as we creep closer to the halving. Big boys playing the rake game at this point. Hodl on
hi traders.
After exiting the accumulation zone, the price started a new uptrend.
Recently we saw the price hitting the resistance level at 0,5 fib level.
We are expecting a deeper pullback as the support at 0.618 fib level didn't hold.
Our entry for long would be around 10,50. If the price drops there, it would be another higher low in this uptrend.
Target:...
I think this is a good price to go long for those who didn't get in earlier.
After the CRYPTOCAP:BTC hits new ATH, miners will go up quickly.
Bought @ $15.39, won't sell until 2025
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...
All the indicators show a negative divergence on the 4 hour chart yesterday.
In order below the chart:
Trend = MACD
Volatility = Bollinger Band Width
Volume = Fisher Transform Money Flow Index
Trend Strength = ADX & ADXR(average strength)
RSI = Speed + average speed line
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!
My last post on CLSK closed at all 3 targets hit with a 160% gain... if you missed that one I would NOT chase this stock but IF we get a pullback into this area to close this gap, I would say it would be a good re-entry. Would need to do this before the ETF news I would think...
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...
Still in all my original trades on NASDAQ:CLSK I have continued to add all the way up. Time to ride the wave. Congrats to all that jumped in on this one. #Btc #Bitcoinminer
CLSK has recently been the strongest Bitcoin mining stock and perhaps that has to do with a move to "greener" mining.
But another wild gap up today makes this trend unstable and this may become some sort of Evening Star topping pattern may be printing here.
Its currently in the 1:0.618 extension "Golden Window" (up to the 0.786 overshoot ratio) and if it pivots...
Bitcoin is making major moves as we get closer to the Bitcoin halving. NASDAQ:CLSK is poised to benefit from this bullish momentum. We just crossed a major resistance level at $13 & Targeting the next major resistance at $40
Cleanspark recently reported a remarkable 165% year-over-year revenue growth in Q1 of FY2024. This impressive growth is a testament to the...
Bitcoin Miner CleanSpark, will reach a price above 50 by 2025. Bitcoin will continue its upward climb in the second half of 2024, price will top out around 80-90k and crypto related assets will be lifted with the wave. Alt coins will go nuts and so will competition such as MARA and RIOT etc.. Overall, Cleanspark may be the dark horse because of its focus on mining...
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, ...
NASDAQ:CLSK CLEANSPARK TO ACQUIRE 3 TURNKEY BTC OPERATIONS IN MISSISSIPPI AND ACQUIRE A 3RD FACILITY IN DALTON, GA
THEY NOW HAVE POWER AND INFRASTRUCTURE TO EXCEED 20 EH/S IN 1ST HALF OF 2024.
NASDAQ:CLSK announced doubling of entire mining operation in preparation for the Bitcoin halving.
This is a signal when miners double down its go time.
The chart is...
