CLSK Local analysis, pullback does not violate larger trend

291
CLSK Price is pulling after a failed breakout falling back into the macro triangle. Behaviour appears to be a textbook corrective ABC which should end with one more thrust down to the S1 pivot before continuation to the upside.

Wave © can be strong and powerful, often where investors capitulate. The target is the High Volume Node support, rising daily 200EMA, Fibonacci golden pocket and S1 pivot.

Daily RSI has room to fall.

Breaking above wave (B) would suggest the correction is over.

Aviso legal

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.