CLSK set up for a SHORT in a parallel channel
CLSK on a 120 minute chart is in a gradually falling parallel channel. At this time price has
topped at the channel's resistance trendline. The RSI has bearish divergence while the
predictive algorithm shows a forecast of a trend down this upcoming week. I will short trade
CLSK here with a stop loss at 20.6 above the channel and target of 14.75 near to the bottom
of the channel. The stop loss of 1.2 compares well with a target about 4.5 downside yielding
approximately 3.5 as a risk ratio.
topped at the channel's resistance trendline. The RSI has bearish divergence while the
predictive algorithm shows a forecast of a trend down this upcoming week. I will short trade
CLSK here with a stop loss at 20.6 above the channel and target of 14.75 near to the bottom
of the channel. The stop loss of 1.2 compares well with a target about 4.5 downside yielding
approximately 3.5 as a risk ratio.
Komen:
www.tradingview.com/...-blackrock-fidelity/
Komen:
Bitcoin / BTCUSD update
Komen:
BTCUSD / Bitcoin short idea linked here
Komen:
CLSK continues to fall in a wide and slowly descending channel. Full position. Watching BTCUSD for a move down as a sector leader.
Komen:
Nice action today to celebrate BTC retaking $70K.