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CLSK’s Technical Setup: 0.786 Log Fib, Bollinger Expansion, and a Potential Breakout

1 min read
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Opinions on bitcoin, crypto mining companies CLSK’s Technical

CLSK is flashing a high-stakes technical setup. CLSK is challenging the 0.786 log fib level as Bollinger bands widen, hinting at higher volatility and a potential breakout if the price clears the hurdle [1].

  • Technical cue: 0.786 log fib plus expanding Bollinger bands suggest a volatility uptick and a possible move if resistance is cleared [1].
  • Near-term price zone: prices are climbing toward $20.50, with liquidity concentrated around $20.60–$21.00 and lighter support near $20.20, forming a concrete near-term battle zone [2].
  • Accumulation signal: multiple green dots indicate buyer absorption on dips, keeping the short-term trend mildly bullish and pointing toward the next liquidity walls near $21 [2].
  • Breakout implications: a break above resistance could trigger Palantiring-like strength for CLSK and offer a bullish read for the crypto-mining space [1].
  • Industry chatter: a weekly QuantSignals post flags CLSK with a premium signal, underscoring ongoing interest in the chart setup [3].

Bottom line: a clean breakout above the $21 area could tilt sentiment for the crypto-mining sector in 2025, attracting more attention from traders eyeing the next liquidity walls.

References

[1]
Twitter

$CLSK monthly Challenging 0.786 log fib Bollinger band starting to expand If able to break above 0.7

CLSK monthly chart; 0.786 fib level; Bollinger bands widening; potential breakout above 0.786 could lead to Palantiring move soon upward

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[2]
Twitter

$CLSK is showing steady accumulation with price gradually climbing toward $20.50. Liquidity is conce

CLSK price climbing toward $20.50 as liquidity concentrates around $20.60–$21.00, with buyer absorption keeping short-term trend mildly bullish.

View source
[3]
Reddit

CLSK QuantSignals V3 Weekly 2025-10-21

CLSK QuantSignals weekly analysis; premium signal; subscribers only; crypto mining stock coverage; discusses bitcoin mining prospects; potential price action insights

View source

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