CLSK Testing Macro Triangle Upper Boundary!

CLSK Macro analysis shows a multi-year triangle has completed at the mid EQ, where price has the highest probability of completing wave E. XRP Did a x10 after this breakout and I am expecting similar move with CLSK.

Price should consolidate for a while in $16-$20 range as it works through wave D and trend-line resistance. Downside target is the weekly pivot at $13.45 which could offer a great buy!

All time high sits at $80, triangle pattern target is extremely high at $200 (triangle height measured from wave E bottom) but take this with a pinch of salt and keep your profit taking realistic! Crazier price moves have happened!

Weekly RSI is not yet oversold and price often gathers months of strong momentum when RSI gets to these levels reinforcing the analysis.

Safe trading