CleanSpark Inc. (CLSK) recently experienced a pullback from the $11.09 level, closing at approximately $9.36 at the end of last week’s trading session. This movement may indicate the formation of another lower low, aligning with the current broader market sentiment.
Upon reviewing the technicals, particularly the ascending trendline, the following entry strategy is proposed for potential trading opportunities:
Entry: $9.36
Stop Loss: $8.47
Take Profit 1: $12.00
Take Profit 2: $12.50
As always, it’s crucial to approach trading decisions with caution and implement appropriate risk management strategies.
Reason: The analysis is based on recent price action and technical patterns, but market conditions and external factors can shift trends unexpectedly.
If you found this analysis helpful, please like, comment, and share.
Upon reviewing the technicals, particularly the ascending trendline, the following entry strategy is proposed for potential trading opportunities:
Entry: $9.36
Stop Loss: $8.47
Take Profit 1: $12.00
Take Profit 2: $12.50
As always, it’s crucial to approach trading decisions with caution and implement appropriate risk management strategies.
Reason: The analysis is based on recent price action and technical patterns, but market conditions and external factors can shift trends unexpectedly.
If you found this analysis helpful, please like, comment, and share.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.