VolumeSpreadAnalysis
Oct 24, 12:29 AM
$CLSK
Price:
$7.88
Volume: Average or below
Catalyst: Bitcoin price action and updated hash rate/production numbers continue to drive sentiment on miners.
Resistance:
$8.60
Support:
$7.20
Bull case: Reclaiming
$8.60 on rising volume opens the door to a retest of the
$9.50 zone.
Bear case: Losing
$7.20 support with weak volume signals further downside toward
$6.50.
What I'm watching: Need a volume surge to confirm direction out of this tight consolidation range.
Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to check out the link in my bio: @VolumeSpreadAnalysis
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