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Cleanspark

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 ProfitsNinja
1
CLSK, a point of no return once it reverse to the UPSIDE.CLSK monthly data is conveying huge accumulation / net buying from the 3.0 levels. This level has been no question the most important order block level where buyers converge. A prospect of a generous upward momentum from this price level will be inevitable. Spotted at 3.5 TAYOR. Be mindful on safeguarding capital, always. ----------- Related Fundamental News: Cleanspark boosts mining capacity with new machinery worth HKEX:145 Million. 👉 The US-based cryptocurrency miner NASDAQ:CLSK (Cleanspark Inc) purchased 45,000 units of the Antminer S19 XP CRYPTOCAP:BTC mining machines for $144.9 million. 👉 The current computing power of CleanSpark is 6.7 EH/s, while the installation of the new equipment is expected to push it to 13 EH/s. 👉 According to the deal, the manufacturer will distribute 25,000 units in August, while the remaining 20,000 should arrive in September. CleanSpark plans to deploy all of them at its mining facility in Sandersville, Georgia. 👉 CleanSpark CEO Zach Bradford said the Antminer S19 XP is “the most power-efficient bitcoin mining machine available in the market today” and raised hopes it will turn into a “key component” for the company’s operations. 👉 He explained that the multi-million purchase and the delivery of first-class machinery is part of the firm’s strategy prior to the Bitcoin halving that is expected to occur in the spring of 2024. 👉 The pivotal event, reducing the rate at which new coins are created, will cut block rewards in half – from the current 6.25 BTC to 3.125 BTC. Many experts believe the process will fuel a price surge of the primary cryptocurrency, similar to previous occasions.
NASDAQ:CLSKLong
by JSAL
28
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
CLSK: 2 targets I'm watchingHello 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 Alright I'll make this message very short cause I don't have time to write a whole book atm (sorry) - the chart explains itself = If we keep riding this channel we could see anything from low 6s (lowest part of channel) to the middle line at 8ish.. IF we break the channel though I'm expecting 12-13 dollars. NFA DYOR NASDAQ:CLSK
NASDAQ:CLSK
by RandomTAdude
CLSK Roadmap for EOY and 2025Hello Tradingview community! As always: If these patterns I'm showcasing doesn't work as predicted.. then please don't come crying to me (ty) -> NFA DYOR I think this honestly could be the "roadmap" for NASDAQ:CLSK My target for EOY is around 15-25 dollars and my target for 2025 (Q3-Q4 my top guess) around 45-80 dollars It does have potential/room enough to go down to: 7 dollar zone But the bottom could easily already be in (In my opinion) These are idea's and targets I'm watching that I wanted to share with the whole world - BTC miners needs some love here on Tradingview. Anyway, BOOST the post if you like it and follow for more! NFA DYOR <<<<----- EDIT: Sorry about the "fingers" they get weirdly located when I release the post..
NASDAQ:CLSK
by RandomTAdude
CLSK October targets (NFA)Hello Tradingview community! As always: This is just an idea and nothing else.. Don't come crying to me if this prediction doesn't work as charted (ty) - NFA DYOR Alright.. The chart is kinda explaining itself as you can see - Either we have another low at around 6.5-7.5ish (IMO) or we have an uptrend finally forming and entering our NEW channel Bullish targets: 10.5-12ish (I find this the most likely) I think NASDAQ:CLSK is by far one of the best miners out there - Yes I'm bias.. cause I do have a few shares (just a bit) But their fundamental info I've researched by myself is impressive to say the least. The chart though (and investors) have been suffering the most out of any miner recently and I do personally think from my TA perspective, that this trend down we got currently is about to change upwards instead. Please BOOST this if you find it helpful and follow for future information! Very few are charting miners and i personally will do a few over the next many months NFA DYOR <<<---- Who am I? Just a dude that's been charting for years.. I'm sometimes correct and I'm sometimes wrong, It's that simple. EDIT: I also got other charts on CLSK on my profile.
NASDAQ:CLSKLong
by RandomTAdude
CLSK could end 2024 at 17-20 dollars (NFA)Hello Tradingview people! Before i explain my idea... I just want to make it clear this is an idea and nothing more! If NASDAQ:CLSK doesn't do this specific pattern I'm showcasing, then don't come crying to me (Do your own research before investing) Anyway, As you can see on the chart I'm showcasing for y'all, this pattern has worked multiple times in the past and is even known to be the CLSK "bottoming pattern" for the most part. Again this is an idea and nothing more, but if this does play out i could personally see CLSK being at 17-20 dollars EOY (maybe) and 2025 Q3-Q4 30-50 dollars . NFA DYOR <<<------- What do you all think? Comment down below without being rude (ty) UPVOTE if you like the idea of course.
NASDAQ:CLSKLong
by RandomTAdude
CLSK - long, medium,short-term plans. Technical and fundamental Hello, friends! Shark here, and today we’ll be looking at the technical and fundamental analysis of the mining company stock CLSK. We will cover long-term, medium-term, and short-term plans. Technical Analysis Long-term Trading Plan (pink), timeframe 1 month: Global resistance level: $40 Global support level: $1.74 (established in 2023) Channel width: 2198% Accumulation period: 3300 days Note that the lows on the monthly timeframe are rising while the highs are falling, indicating an accumulation phase. Once the price breaks the global descending line, an active participation phase may begin, potentially leading to significant growth. Medium-term Trading Plan (blue), timeframe 1 week: Support level: $14.78 Resistance level: $23.45 Trading range: 58% Currently, there is no clear direction, and the price moves between support and resistance, indicating an accumulation phase. The price is above the ascending trend line, pointing to a pronounced local uptrend. Consider buying at the levels indicated on the weekly timeframe. Short-term Trading Plan (yellow), timeframe 1 day: Resistance level: $18.32 (from daily timeframe) Support level: $14.78 (from weekly timeframe) The chart shows a local ascending trend line (yellow). The price has broken through resistance and is now in the middle of the channel. Consider two scenarios: Trading Scenario: Buy at the support level of $14.78 with a subsequent rise to the resistance level at $23.45. The potential movement is 50%. Breakdown Scenario: If the support level of $14.78 breaks, the price may drop to $10.54 (from the daily timeframe), followed by growth to the global level of $40. In this case, the growth potential is about 400%. Fundamental Analysis Company Description: CleanSpark, Inc. (CLSK) is an American company specializing in the development and implementation of energy efficiency and energy management solutions, as well as cryptocurrency mining. The company offers various software and hardware products to optimize energy consumption and improve energy efficiency. Factors Influencing CLSK Stock Growth: Increase in Cryptocurrency Prices: As a mining company, CleanSpark is directly affected by cryptocurrency prices, especially Bitcoin. An increase in Bitcoin’s value can significantly enhance the profitability of mining operations, boosting CLSK’s stock price. Technological Innovations and Expansion of Mining Capacity: CleanSpark is actively investing in upgrading and expanding its mining farms. The introduction of more efficient mining rigs and increased overall capacity can contribute to higher revenues. Energy Projects and Partnerships: The company develops energy management solutions to reduce electricity costs and improve environmental sustainability. Partnerships and contracts in this field can significantly impact the company’s financial performance. Regulatory Changes: The introduction or modification of laws and regulations related to cryptocurrencies and the energy sector can positively or negatively affect CleanSpark’s operations. Positive regulatory changes can stimulate stock growth. Financial Results and Reports: The publication of quarterly and annual financial reports with results exceeding analysts’ expectations can drive stock price growth. Historical Events Affecting CLSK Stock: Investments in Cryptocurrency Mining (2020-2021): In late 2020 and early 2021, CleanSpark invested heavily in cryptocurrency mining, leading to a significant increase in revenues and attracting investor attention, driving stock growth. Acquisitions and Expansions (2021): The company acquired several mining farms and expanded its capacity, positively impacting its financial performance and boosting stock prices. Financial Reports (2020-2022): The release of positive financial reports and exceeding analyst forecasts also contributed to stock price growth. Conclusion: CleanSpark stock has growth potential due to its activity in cryptocurrency mining, technological innovations, energy projects, and positive financial results. However, investors should be aware of the risks associated with cryptocurrency market volatility and potential regulatory changes. If you enjoyed this review and want more ideas like this, give it a like! Share your thoughts on this asset in the comments below! Don’t forget to subscribe to the channel so you don’t miss new videos and updates. Thanks for watching, see you soon!
NASDAQ:CLSKLong
by SHARK1318
5
MSTR slammed earnings beyond the parking lot LONGMSTR while Bitcoin and the whole ETF thing has caused crypto momentum had a good 4QTR23 and 8Xed the analyst's earnings estimates two days ago. The momentum is expanding as market volume is accelerating. Late afternoon the zero lag MACD showed some recyling as some early traders took cash off the table. To emphasize however, there is no sign of bearish divergence on the RSI. This has gained 25% in 3 days. Anyone into the prices needed to acquire options contracts could consider looking for an option using their own typical selection criteria. There are others who as price is overextended and it will fade. They say the same thing about NVDA. For me, I will take a trade here even if the continuation is short lived. At the end of the day, Bitcoin could go to MIL:1M per each as some of those with crystal balls forecast. See also small cap miners BTBT BTCS Cleanspark HUT and some middle caps in RIOT and MARA. It's a buyers' market right now but only if you do not chase. Look on a low time frame for an oversold undervalued intraday moment and take your trade !
NASDAQ:MSTRLong
by AwesomeAvani
1
Cleanspark: Powering the Future of Bitcoin MiningBitcoin 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 company's ability to capitalize on the growing demand for Bitcoin mining services. With a net income of $25.9 million and an adjusted EBITDA of $69.1 million, the company is well-positioned to continue its upward trajectory. This is one of the best risk reward plays in the CRYPTOCAP:BTC mining companies. All aboard for the ride #LetsGo
NASDAQ:CLSKLong
by EgideSimba
2
CleanSpark (CLSK) Soars as Bitcoin Miner Expands OperationsCleanSpark 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 stands poised for further gains in 2024. The Rise of CleanSpark: CleanSpark ( NASDAQ:CLSK )has witnessed an impressive surge of 172.22% over the past year, a testament to its solid fundamentals and strategic moves within the burgeoning Bitcoin mining industry. The recent announcement of the company's acquisition of four mining facilities further solidifies its position as a key player in the market. Strategic Acquisitions: The acquisition of four mining facilities, including three turnkey sites in Mississippi and one in Dalton, Georgia, for a total of $23.2 million, underscores CleanSpark's ( NASDAQ:CLSK ) commitment to expanding its operational footprint. These acquisitions not only bolster the company's data center portfolio but also position it favorably amidst the ongoing consolidation within the Bitcoin mining sector. Market Expectations and Bullish Momentum: CleanSpark's ( NASDAQ:CLSK ) stock has been buoyed by favorable market expectations, with investors showing increasing interest in the company's growth prospects. Technical indicators suggest a building bullish momentum, supported by recent price dynamics and a strengthening trend channel in the medium to long term. Bitcoin Price Projection: As Bitcoin prices are projected to strengthen in 2024, CleanSpark ( NASDAQ:CLSK ) stands to benefit from higher mining revenues, further bolstering its position in the market. With Bitcoin's anticipated growth trajectory and CleanSpark's ( NASDAQ:CLSK ) expanding operations, the stock is poised for sustained gains in the coming year. Outlook and Potential: CleanSpark's ( NASDAQ:CLSK ) current gains may see further momentum as the stock clears crucial resistance levels, particularly at $9.72 With a strong foundation in place and favorable market dynamics, NASDAQ:CLSK has the potential to emerge as one of the top-performing crypto stocks in 2024. Investors are advised to keep a close watch on key resistance levels, with $13 serving as a potential catalyst for further surges. Conclusion: CleanSpark's ( NASDAQ:CLSK ) strategic acquisitions, coupled with bullish market sentiments and the projected growth in Bitcoin prices, paint a compelling picture for the company's prospects in 2024. As it continues to ride the wave of positive momentum, NASDAQ:CLSK stands poised to deliver substantial returns for investors seeking exposure to the burgeoning cryptocurrency sector. In summary, CleanSpark's ( NASDAQ:CLSK ) ascent in the Bitcoin mining industry reflects not only its solid fundamentals but also its strategic vision for expansion and growth. With favorable market conditions and a bullish outlook, NASDAQ:CLSK presents a compelling opportunity for investors looking to capitalize on the potential of the cryptocurrency market in 2024 and beyond.
NASDAQ:CLSKLong
by DEXWireNews
Bitcoin Miners Update - CIPH, CLSK, MARA & RIOT Cleanspark Inc - NASDAQ:CLSK $1.5 Billion Market Cap ✅Trade remains open in 39% unrealized profit (average DCA of $5.85) ✅ The Volume on this chart is exceptional and really adds to my conviction. I may double down with another buy if we get down to the 200 day MA. 🚨 I have raised the stop from $4.50 turning it into a 23:1 risk reward. Raising as 23% below current 200 day MA is enough IMO. A lot people see the recent pull back as a reason to deleverage, this is where I trade differently, its a long term position. The short term volatility will either allow me to get another decent discount buy in or sink deep enough to cancel out the trade. This is how we can gain a full long term bullish trending move with exponential upside. The risk is 23% or not taking the risk and not remaining patient having taken it. Cipher Mining - NASDAQ:CIFR $0.83 billion market cap ✅Trade remains open in 9% unrealised profit ✅ Look at that volume increase. It’s a beautiful thing. It reassures us that there is significant green buying rushing into this stock & hints that we on the right side of the trade 🚨 I have raised the stop from $1.77 to $2.16 turning it into a 7:1 risk reward. - Raising the stop as there is plenty of support above it that should hold from recent lows, H&S baseline and diagonal support line. If all these are lost, cutting losses would be ideal. Like most of my trades, they require a little more patience and a distain for intermittent short term volatility. Marathon Digital - NASDAQ:MARA $4.22 Billion Market Cap ❌Our stop was triggered on the last trade at @ $7.66 with a notable 30% loss. Subsequently this was exactly were price bounced. The original position size was very small so its not end of the world stuff. In the end the stop was too high, we should have place it just a tad lower but…this happens and that’s trading. All the other trades are in profit and fully cater for this loss. Without these rules id be broke. I consider it a necessary loss. I didn’t want more than the 30% limit lost so, that was my risk tolerance for the position size. Onto the front foot what do we do next? ✅ I set a bid at $14.31 where i think we may get a bounce from the 200 day SMA ✅ You could enter right here for the potential head and shoulders baseline bounce. I could consider that but if but it would be watched like a day trade. I'll just see how tomorrow goes first. The bid is at $14.31 for now. 🚨 I am allowing for a 30% loss again with a stop @ $4.41 however I am starting with what was left after the last loss, 70% of my original position and I'll be watching this a lot closer. I actually love these trades because they teach you something, you realize the small position size and the 30% loss was within your tolerance, enough so that you can come back at the trade again and with exponential potential returns the prospect draws you in once again. The risk reward is there. Alternatively, you could just DCA into these and for years through thick and thin, BUT again, position size should be tolerable for you to patiently sit on your hands and let the trend take shape. Riot Platforms NASDAQ:RIOT $2.42 Billion Market Cap ▫️ No position open in RIOT yet as it appears to be the weaker of the charts we have looked at. ▫️ In our last post we noted volume is declining which is negative and the RSI was not yet oversold. We noted both of these could mean more sideways or price declining action. Since then we have actually increased and hold a 30% higher position from $9.13 - $11.73 however price is dropping fast and has not managed to break out of the pennant. I believe this demonstrates relative weakness to the other charts noted. ▫️ We are still forming midterm pennant (dashed lines). A break out of this pennant would be an a good signal on direction. ▫️ Strong Historic Price Support between $8.50 and the POC at $7.40 (green bar). If you were going to risk a trade here, Id be playing off the lower end with a tight stop. ▫️ We are falling below the 200 day SMA (Not Ideal with pennant over head resistance). Now don't get me wrong, RIOT will likely rise like the other miners, however at present NASDAQ:CLSK is showing significant relative strength having broken out of its pennant , well above its 200 day MA and sitting in 40% profit. On the contrary, we have strong support for NASDAQ:RIOT at c. $9.00 which could present an opportunity. We noted $8.50 as a good level last post, in the end price bounced from $8.61. We cant be too greedy. Summary The clear winner is Cleanspark NASDAQ:CLSK with a moderate market cap of $1.5 billion and a chart demonstrating relative strength with us sitting in approx. 40% profit. The MARA chart is demonstrating strength and may provide a great opportunity as instructed above however the market cap of $4.22 Billion clearly out sizes CLSK and may mean a slower rise or growth potential. MARA actually mined a record 1,852 BTC in Dec 2023 and have increased BTC Reserves have increased from 12,964 to 15,174 as of Dec 2023. Theses are incredible numbers. Tomorrow I will look at a comparison of how each of these miners are performing in terms of rigs active, reserves held and BTC being mined. PUKA
NASDAQ:CLSKLong
by PukaCharts
Pigeon is long CleanSpark $CLSKCleanspark 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 and have positioned themselves to become a top 2-3 miner. Retail investors aren't liking the dilution but it looks like to me they won't need to use all of the ATM as the stock price has increased. Retail and even analysts have low price targets because there is uncertainty they can pull off the targets they've set out. They have diluted 57% over the last 2 quarter to get 2.5x in hashrate, from 6.6eh/s to 16eh/s. I am fine with this as as they are growing before the halving as miners need to be aggressive and also efficient as possible. Pigeon sees this as an opportunity to buy value and have a calculated asymmetrical bet on the books. There is no such thing as a 'quad top', this is making LH's into resistance. Expecting pace of move to be speed up as that resistance is snaped. Would like to see that zone labeled to hold tho. Pigeon is long sparky.
NASDAQ:CLSKLong
by Pigeon941
15
$CLSK cleaning mining 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management My team purchased shares of digital mining bitcoin company CleanSpark $CLSK today at $5.35 per share. Our take profit is set at $9 Hello guys! This week a new crypto bill has been the main topic of focus inside of the crypto world. NY has also passed a crypto bill which will ban crypto mining via fossil fuels. $CLSK is way ahead of other bitcoin miners and has been building grids which will allow crypto to be mined without using fossil fuels. Our entry: $5.35 Target: $9.00 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:CLSKLong
by SimplyShowMeTheMoney
2
$CLSK sold our shares with a 21% gain 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Recap: My team purchased shares of digital mining bitcoin company CleanSpark $CLSK at $10.30 per share on March 3, 2022. We sold our $CLSK shares today at $12.50 for a gain of 21%. Thank you all for sticking with us through this trade despite us hitting our stop loss on this trade early on. We held through and have been rewarded nicely! Congrats to those of you who took this trade! Our entry: $10.30 Target (HIT): $12.50 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:CLSK
by SimplyShowMeTheMoney
2
$CLSK target reached with an 18% gain 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Recap: My team purchased shares of clean-energy software and bitcoin mining company $CLSK at $7.40 per share on 1/19/22 My team adjusted our previous take profits today 8 hours ago because we figured that $CLSK may jump after earnings, but we weren't too sure whether or not it could hold those gains. We set the take profit to $8.75, and we are happy to announce that the target has been reached! Congrats to those of you who took this trade! We exited $CLSK with a total gain of 18.24%! OUR ENTRY: $7.40 TAKE PROFIT(HIT): $8.75 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:CLSK
by SimplyShowMeTheMoney
2