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Technical Tape in Focus: Chart Setups in CLSK and RIOT Reveal Breakouts and Retests

1 min read
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Opinions on bitcoin, crypto mining companies Technical Focus:

Technical tape is flashing. Chart setups in CLSK and RIOT are timing breakouts and retests around cloud levels.

  • CLSK — Sun Liao notes a perfect retest of 1D gold support today and a bounce; flipping green before the close would be a very good sign. This is a classic daily support retest play that keeps the bias constructive if the level holds [1].

  • CLSK monthly pattern — Wait for Bollinger expansion before breaking out of 0.786 and the monthly Ichimoku cloud. A bullish cross on the Wave Trend Oscillator above 0 would support an upside impulse, signaling a patience-play for a more durable move [2].

  • RIOT — Couldn’t break through 0.618 on the first try, but is still holding the monthly Ichimoku cloud. The idea of a bullish Katana hints at more impulsivity to the upside over time, reinforcing a longer arc to consider [3].

  • MARA narrative — Hit, bounce, break and repeat. Long-term resistance looks poised to crack, with a minimum end-cycle target near $107, and upside if that resistance gives way [4].

  • RIOT strength in a red market — Showing strength even when the sector drags, RIOT stands out as a relative performer [5].

Closing thought — These chart setups show how investors time moves around key supports, cloud breaks, and resistance in top miners. Watch CLSK and RIOT for the next breakout cue.

References

[1]
Twitter

$CLSK #CLSK perfect retest of 1D (not 4H) gold support today and bouncing now. Flipping green befor

CLSK hits daily support retest, bounces; author bullish, holding longs if level holds before market close.

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[2]
Twitter

$CLSK monthly Wait for that Bollinger expansion before it breaks out of 0.786 and monthly Ichimoku c

CLSK chart analysis suggests bullish upside impulse with Bollinger, Ichimoku resistance, not breaking first try; bullish wave trend cross observed

View source
[3]
Twitter

$RIOT monthly Couldn't break through 0.618 on its first try, but still holding monthly Ichimoku clo

RIOT monthly chart analysis; couldn't break 0.618, holding Ichimoku cloud; bullish Katana implies upside potential ahead for RIOT price move

View source
[4]
Twitter

$MARA Hit, Bounce, Break & repeat. On the low time frames, we can see that the long term resistance

MARA price action: resistance break likely, next at $26; target $107, potentially higher.

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[5]
Twitter

Showing strength in a sea of red… 👀👀👀 $RIOT https://t.co/cKapxTiSrk

Post highlights Riot Platforms' stock strength amid market downturn; mentions RIOT ticker; sentiment bullish about crypto mining stock.

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