$CLSK
Added 2024-08-07 19:50:27 +0000 UTCThe channel could not hold!
The price stayed above the green line at $14 from Feb to August but when it needed to hold the most, it could not withstand the selling pressure, likely brought on by the weakness of $BTC
Price has dropped down to the 0.618 Fib at $10.50 and has so far held at this level, where a lot of charts appear to be holding right now, waiting for the market to make its next move.
If you believe $BTC reverses soon, then so will $CLSK, they are highly correlated here.
As always, wait for support to be confirmed, it is not confirmed yet with only one test of support.
Comments
W5 is roughly equal to W3?
Brian
2024-09-13 20:44:00 +0000 UTCStill too early Max, would love to be optimistic but its dumped hard
Gareth Neary
2024-08-07 19:58:41 +0000 UTCAre you able to offer upside targets if it holds, or is it to early ?
Max
2024-08-07 19:58:00 +0000 UTC
