CLSK JAN 2025 $20 Call Option - Bull Run play.Holding options on CLSK into Jan 2025. Looking for CLSK to take out old high, with potential TP at the FIB 1.618 extension. Longby stanleygroovy1226
Clean Spark is getting ready. 🚀CleanSpark (CLSK) is closely tied to the price of Bitcoin (BTC) because it is a Bitcoin mining company. When BTC breaks out, CleanSpark tends to follow. Currently, BTC appears to be preparing for its next upward surge, while CleanSpark is forming a symmetrical triangle pattern. Once CLSK's price breaks out of this symmetrical triangle pattern, the next move will be confirmed, potentially targeting the previous resistance level at $40. Longby ValerianK17
CLSK: Second ChanceContinuing my analysis by popular demand, next on the list is Cleanspark. This chart is slightly less predictable than some of the other charts we have been reviewing. In particular CLSK has several zones of confluence coming together, however, its tough to guess where this one may bounce. Generally, I like to make a base case using the .618 Fibonacci retracement from the bottom to top of the impulse. This level also comes relatively close in line with the Weekly Level of support between $6.50 and $7.50. On my chart, Ive marked this as a watch level because we have also have the Value area High of our previous accumulation period at $6. Currently, Ive created a fixed range profile dating to the last POP in Mar 22 which is actually showing us a current break of the value area, which means lower prices are more probable than not. Now if we get acceptance back below the CC Fib .618, then I would confidently expect to see us move down to the previous range point of control at $4.50 area marked as the ideal buy area. Furthermore, what also throws me off about this chart is the upwards trending line marked in green, which would also be nice to tap at around $4.50. The 2 zones which would give us the safest trade are lining up together at around $4.50 / $5 which would be the range point of control, combined with the upwards trendline. Hope this is helpful! Good luck! by afurs1Updated 4416
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!Longby SHARK1318554
$CLSK back test of break outGuys, Its time. BTC ETF, ETH ETF and Election year. Pump this shit. Its go time.Longby CurrentlyKillingIt2
BTC miner macro reversalCLSK dipped just barely into the weekly demand on a wick. I was thankfully able to average down my 25$ calls for June on this dip. I am in the red on this position but it is looking like the recovery could be massive from here. The daily stochastic RSI is fully reversed, and the weekly is just getting started. With BTC ranging over 70k this is very bullish. Id love to see a push of the golden fib here, I do believe we will be over 25$ by June 21st. I still expect new BTC all-time-highs by end of month as well.Longby Apollo_CB3
⚡CleanSpark ($CLSK) Path to 50 Exahash ⚡Got a correction in Bitcoin which should lead to a new level of consolidation in the 40s imo. Adding shares on miners with solid growth and revenue. ETH is still up, showing this move is likely a final dip attempt on BTC before a final push. Major median will guide price. Major hagopian support but dont think we need to worry about this level. Cleanspark will be another miner getting to 30 exahash (units purchased and ordered.) Based on efficiency and other important metrics, they are always ranked in the top 3, yet their marketcap is not priced accordingly based on their hashrate and growth. This is one advantage understanding BTC mining can benefit you in your investment decisions. BTFD! Cheers... 10.08 EH/s HASHRATE 26.4 J/TH EFFICIENCY 88,924 DEPLOYED FLEET 720 PRODUCTION 3,002 BITCOIN HOLDINGSLongby AvenueWorkUpdated 212147
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.Longby JSALUpdated 252523
CLSK, 5/13-5/17, 5% ProfitOn 5/9/2024, CleanSpark (CLSK) reported earnings of $0.13 per share on revenue of $111.80 million for the fiscal second quarter ended March 2024. The consensus earnings estimate was $0.06 per share on revenue of $103.76 million. Longby 1hour_trading0
$CLSKI think this is a good price to go long for those who didn't get in earlier. After the CRYPTOCAP:BTC hits new ATH, miners will go up quickly. Bought @ $15.39, won't sell until 2025 Longby qyu001Updated 7712
CLSK - strongest our of all CryptosWe are reaching levels where the stock might catch a bid. FED is now understood to be dovish so the risk is to the positive side for any favourable comments. War-worries have dissipated and the seasonal pattern is for the trend to begin risign, imminently. CLSK is the crypto stock with the best fundamentals; REV and EPS. Follow the strongest stocks.Longby MrLowStep225
CLSK - My money is on this minerNo other miner has these good vibes when BTC is rallying back to the highs from the recent dip. Watch out for the rally if BTC continues tmrw. High IV name , my preference would be commons , not options. Long between 16-17 Stop loss - 15 Target #1 - 20 Target #2 - 24 Target #3 - 28Longby just4tradinUpdated 252526
CLSK 14.38CLSK - struggling to stay above the 14.00 area. Same area was hard resistance (red arrow on the left) after the stock succeed to break that 14.00 area, she keeps her momentum till the 24.50-25.00 area and from that point the stock dive to 14.00 area again, and now the same zone is intended to be a support zone (green arrow on the right) On top of it the same area is a daily vwap supporting zone. Possible scenario with targets on the chart: 1st target: 16.50 area 2nd target: 18.00 area Longby RegevTuizerUpdated 13134
CLSK updateCLSK has a tremendous bounce and I was able to average down on limit orders on my June 25$ calls. I am way up now and going to start layering out as we approach this golden fib. Lets see what BTC does here, locking in initials today most likely. If the market likes earnings the rest of the bag will likely be ITM soon.Longby Apollo_CB2
CLSK - Increased probability of appreciationInterpretation: Previously disorganized Fibo clouds have gradually lined up giving favorable support to the evolution of the candles. The compacting of fibo clouds from different timeframes signals direction and strength towards the first target to be reached Reaching the first target makes it necessary to move the stop loss to the position where the entry was made. The purpose of this action is to protect the result that has been achieved and to ensure that there is plenty of time to search for the remaining targets with a reduced risk of losing the trade. The use of risk management, an integral part of this method, has been fundamental in achieving planned results. Risk Return Ratio 3,26Longby ethostraderUpdated 228
CLSK 14.37Clsk is struggling to stay above the 14.00 area. Same area was hard resistance (red arrow) after the stock succeed to break that 14.00 area, she keeps her momentum till the 24.50-25.00 area and from then the stock is deep to 14.00 area again, and now the same area in intended to be a support zone (green arrow on the right) On top of i, the same area is a daily vwap supporting zone. Possible scenario with targets on the chart: 1st target: 16.50 area 2nd target: 18.00 area Longby RegevTuizer448
CLSK trade updateMan this thing dumped right as I entered, this is an important visualization of my initial entry and how important averaging in can be. I waited for the stock to hit the demand zone for heavier DCAs. I went with 25$ June calls here. I actually added more to the position today as well since we are now deep in demand. I expect a quick pump from BTC to all-time highs next week to be honest despite all this craziness. My thesis of the accumulation in demand and heavy bounce remains the same. -If this does happen I will sell 33% of the calls to cover initials -I then plan on holding the remainder for deeper profits as BTC breaches 80+k this summerLongby Apollo_CB3
CLSK Good Explosive Stock + TargetsWell Done CLSK! its beautiful run so far with the help from Crypto Bitcoin. it has good earning and potential to expand further in 2024 after Cryto breakout of $50,000 a strong resistance. This attracts more investors with strong volume despite Analyst's rating of $15. Its the best among other Cryto Small Cap stocks. Targets: $22 the ceiling price above Price of analyst. Hopefully it will fulfill its destination. Go Bitcoin, Go CLSK/ MARA / Riot. by Alf200020Updated 2212
CLSK in demandCLSK is deep into the demand zone here and ripe for a call setup. I was caught off guard with this sudden flash dump as you can see my first entry was higher than normal for my liking. I chose June for calls for this very reason. I was able to heavily lower my average as CLSK dipping into a local daily demand zone. I still think the 25$ june calls are a buy here. -We should get another test of the golden fib within a week or three -I expect a breakout on or before April 15th -I will place limit orders for 200$ on these calls today -My first target for next month is 28$Longby Apollo_CB226
CLSK: The retrace is comingCLSK is showing bearish divergence in the weekly and daily divergence. All miners are struggling pre halving. CLSK is seeing some wild price swings in the past couple of weeks. At the moment, crypto market as a whole is putting in some kind of topping action and a correction is coming soon. CLSK is putting in a massive triangle, which should be in its last leg. Usually, there is a sharp drop in BTC price and the miners post halving. It could be a sharp drop with a V shape recovery, or it could be long systematic drop that could last for months. Whatever the case, it should be a very strong buying opportunity for CLSK. Price target will appear when a top is confirmed.Shortby mukit1225
CLSK correction in progressMar 27 Wed's false breakout was an x wave, followed by a quick reversal down. This wave down should be in 5 waves. Bulls should be patient to wait to go long again till at least the end of April / May. Watch when RSI breaks below wave 2, correction would be almost finished.Shortby TraderBwater4
CLSK set up for a SHORT in a parallel channelCLSK on a 120 minute chart is in a gradually falling parallel channel. At this time price has topped at the channel's resistance trendline. The RSI has bearish divergence while the predictive algorithm shows a forecast of a trend down this upcoming week. I will short trade CLSK here with a stop loss at 20.6 above the channel and target of 14.75 near to the bottom of the channel. The stop loss of 1.2 compares well with a target about 4.5 downside yielding approximately 3.5 as a risk ratio. Shortby AwesomeAvaniUpdated 3