SamSuka
The Long Investor
The Long Investor

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$CLSK - RC -

A lot of the crypto companies are all painting the same story, they are in their corrective phase now with Wave C looking quite extended, here we can see $CLSK losing the 200 Day MA and the 0.618 Fib and looking like it is enroute to the 0.78 Fib.....although there appears to be a lot of red, this is perfectly fine for $CLSK and the other crypto companies, the structure is doing what it should be doing and a lot of stocks have been pulling back to the lower Fib support levels.

This has a long way to go before it becomes invalid, it would need to make a new low under $1.76 for that.

So bare with this, wait for support to be confirmed before adding. 

$CLSK - RC -

Comments

how do you think this is looking

JessyyRabbit

Have started a small position in case this moves quickly as it has before

Frederik Dalgaard

Nearly there my man

Gareth Neary

Thanks for the update on this one, you legend!

Yuri van Huisstede


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