Technical signals are pulling retail traders into crypto-mining plays at key breakouts. In focus: CleanSpark (ticker CLSK), where Wave 3 breakout sparked a +50% rush, a Wave 4 pullback followed, and a Wave 5 reversal setup now looms. A hold within one of the reversal zones can ignite Wave 5 UP, per the latest updates from Asaf Naamani [1].
Wave signals and risk rails. The Wave 5 plan hinges on reversal confirmation—no action without it—yet the setup has traders eyeing a fresh push if the zone holds [1].
Blue diamond signal and a bullish roadmap. Viperr🐍 flags a daily Blue diamond buy signal on CLSK, with the bullish trend intact and a target path that imagines a move toward $35 if support around $15 holds [2].
Breakout-entry playbooks. Con shares a practical entry like buying around $14 and trimming risk as the chart develops, outlining a plan that investors are actively testing for future moves [3].
Volatility backdrop and the bigger picture. One post argues that implied volatility is the highest since 2021, signaling a looming, potentially outsized move for CLSK as volatility fans price in big moves [4]. A companion view notes CLSK often acts as a BTC leading signal amid liquidity swings, suggesting sharp moves may be ahead [5].
Closing thought: watch how CLSK behaves near the $15 support and the $35 target as these signals collide in the coming sessions.
References
$CLSK | Reversal Zones of Wave 5 Up ✅ We shared with you the Wave 3 breakout. ✅ We showed you the t
CLSK chart analysis; Wave 3 breakout, profit-taking, Wave 4 pullback, and reversal zone for Wave 5 up discussed.
View source$CLSK - CleanSpark Blue diamond buy signal on the daily chart Bullish trend still in tact I ex
CLSK chart bullish, blue diamond buy signal; expects rally to $35 if support at $15; bullish trend intact.
View source$CLSK, after buying in when it broke above and covering my risk to then selling this top, this is my
Trader buys CLSK after breakout, covers risk, sells top; eyes around $14 for entry; outlines future plan.
View sourceCLSK, Gold and implied volatility highest since 2021 - get ready for huge move
CLSK CleanSpark; implied volatility highest since 2021; anticipates a large move for the bitcoin mining company.
View sourceCLSK, Gold and implied volatility highest since 2021 - get ready for huge move
Discussion links CLSK performance to BTC price, volatility; forecasts big move; avoids short-term bias; mentions AI, earnings, and Fed impacts.
View source