The short-term bearish stance remains intact towards the initial target at 6.27.
And as expected,
CLSK continued to decline by 10% in two straight days.
Further decline by 24% would likely lie ahead just over couple of the weeks!
Eventually All Waves Settle!! #CleanSpark might well conclude the entire correction as Minor degree wave B around converging the Fibonacci levels ( level 1.38 where wave B would retrace to 1.38 of the expanding diagonal wave A and level 1 on the Fib channel ), and the ongoing downtrend as well.
The initial target remains intact >> 6.27
Ultimate Target >> 5.92
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
And as expected,
CLSK continued to decline by 10% in two straight days. Further decline by 24% would likely lie ahead just over couple of the weeks!
Eventually All Waves Settle!! #CleanSpark might well conclude the entire correction as Minor degree wave B around converging the Fibonacci levels ( level 1.38 where wave B would retrace to 1.38 of the expanding diagonal wave A and level 1 on the Fib channel ), and the ongoing downtrend as well.
The initial target remains intact >> 6.27
Ultimate Target >> 5.92
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
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.
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.