CLSK Macro analysis | The bigger picture | Long-term holders

continues pushing up against the triangle upper boundary. It looks keen for a breakout for a long time, but just can’t follow through. Breaking above wave (B)/D at $24 is key to triggering the next thrust back to the $42 High Volume Node. Triangles are penultimate patterns found before a final strong move. Price is just above the weekly 200EMA but below the pivot. Wave E appears to have terminated at the 0.5 Fibonacci retracement, which is what to expect, but that would make wave (C) truncated; unusual. Price is above the weekly 200EMA and pivot, but only just, so neither bulls nor bears are in control.

📈 Weekly RSI is positive and back above the EQ with no divergences

👉 Analysis is invalidated below wave C, as wave E can extend that far down, but not penetrate

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