same thing happened to NFLX recently, this can dip to 5.10-5.3 pivot level area before the next move higher
target 7-8 after the dip 🎯 boost and follow to show your support 😛
Sold at 1st Target on CLSK at $7
BTC holding at $30K for so long and enduring harsh news this summer feels good.
Regulations will build investor trust and a lot of bad actors have been weeded out.
Cleanspark is one of the most promising mining companies currently. DYOR
Predicting more action through the summer and a continuation of the channel.
Targets $12 and $20
NASDAQ:CLSK
Technical Analysis for NASDAQ:CLSK :
If the price of CLSK breaks above the bullish line of $6.24, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target price could be set at $6.84.
Conversely, if the price of CLSK breaks below the bearish line of $5.41, it may suggest a bearish signal, implying...
In April 2023, Bitcoin price exceeded $30 thousand for the first time since mid-2022, fulfilling crypto investors’ dreams of spring. The end of Crypto winter has left Bitcoin as a mere shell of what it once was, that said, spring is when young buds blossom into mighty trees. One such bud is CleanSpark, Inc. (NASDAQ: CLSK), which is a BTC miner that is expanding...
Cleanspark is on pace to reach 10eh/s in the next 30-40 days. That is late july early august. They have the miners on site and racking. They also have the miners already purchased and being delivered to reach or possibly exceed 16eh/s by the end of the year. This is a miner that has been lagging against all others. As book value goes they are severely undervalued...
1Y
Volume is decreasing.
RSI is in a downtrend.
MGI is decreasing.
5Y
Volume is decreasing.
RSI is falling.
MGI is decreasing.
ALL
Volume is decreasing.
RSI is at a top.
MGI is falling.
Prediction: There is a gap around $1. Look for a major pullback from here.
For my educational purpose, not to be used as financial advice.
Bitcoin Mining Companies may be able to do 10x - 50x or even more if BTC trades over 50K in the 2024 halving bull cycle.
2025 LEAP options may offer leveraged returns even beyond generic price action.
CLSK is just an example. Multiple opportunities in the space. DYOR
1. Most BTC Mining stocks are multiples away from 2021 all-time highs.
2. Bear market has...
Cleanspark ? Really ? Lol ! What an irony ! BTC tards like this one... no wonder... The only thing "clean" about this shitshow is the scrubbing of it's books... i've been short this piece of garbage since the top and every time i see it in a story i think... why the hell didnt i short more ?
Clean Spark has analysts buy ratings, what are you waiting for ?, the AO is trending positive and a bull div on both the RSI and AO, expecting a bounce
Watched this last year and this retracement was insane from the run up. I broke the levels of importance. I like the Higher Low from the 99 percent drop and making a run up and maintaining good trend. If this current support line fails then we will retest the anchor point lower range.
-Multiple bottom sitting at $3.74 area
-Potential 30% rise to $5 in the mid-term
-Pattern looks promising considering S/R lines hit multiple times
-Long Term Target is $10 but we now wait for volume
As always, DYOR
Let me know what you think in the comments!
Larger head and shoulders in orange
The head constitutes both the larger Head and shoulders and also the smaller one, which contains the white shoulders
Interesting Inverted H&S Pattern
