$CLSK is up +19% today after holding on the 50 Day MA which is very similar to $COIN, there is one clear difference here however
We can clearly see that Subwave 4 infringes below the Subwave 1 area, this is ONLY allowed in Wave 1 of a new Impulse Wave.....so this means:
1. $CLSK needs to make a higher high next above $13.30 to make this an impulse wave
2. This could be the start of a new impulse wave and we would consider this larger Impulse Wave Wave 3, so we would likely see new ATH's when this Wave is complete.
Bulls needs to get above $13.30 first and/or the 200 Day MA/ 2.618 Fib at $14.
Karl
2024-11-07 21:20:22 +0000 UTCTommyJR
2024-11-07 01:18:38 +0000 UTCNick
2024-11-06 23:02:58 +0000 UTCTommyJR
2024-11-06 20:49:19 +0000 UTC