Visual view
CLSK
CLSK breaks out of a 25% box with volume — target $17.22, WATCH tier
Box Breakout
As of: 2026-05-19
Watch$14.36 former resistance turned support — the line this trade pivots on
RiskClose back below $14.36 means the breakout has failed
ConfidenceB*
Why now
CleanSpark built a 25% box between $11.49 and $14.36 over roughly four weeks. Monday's breakout cleared resistance with volume ratio 1.59x and close strength 0.97 — near the top of the day. The breakout is real. At RR 1.43x it sits in the watch tier — wait for a pullback to $14.36 to improve the math.
How to think
- Ideal entry: pullback to $14.36 (former resistance)
- Stop $12.93 — below the box structure
- Target $17.22 — box height measured move
What to watch
Don't buy the breakout at $14.69 outright. Wait for a pullback to test $14.36 as new support. If it holds, the entry math gets better.
Simple explanation
A 25% box between $11.49 (support) and $14.36 (resistance) built over ~4 weeks with 5 resistance touches and 4 support touches. Monday's close at $14.69 cleared resistance with elevated volume. Measured move target is $17.22.
Risk
Box breakouts fail when the breakout bar is reversed. If CLSK closes back below $14.36, the breakout is rejected — exit immediately.
FAQ
Why is a Bitcoin miner on the board?
CLSK has a clean technical setup that earned its place on the scan. The box structure is real — 5 resistance touches over four weeks is not random. The RR keeps it in watch territory but the pattern is valid.
Pattern params and score explanation
Setup typeBox Breakout
PatternA 25% box between $11.49 (support) and $14.36 (resistance) built over ~4 weeks with 5 resistance touches and 4 support touches. Monday's close at $14.69 cleared resistance with elevated volume. Measured move target is $17.22.
TimeframeDaily
Tagsbox-breakout, bitcoin-mining, crypto, CLSK, bull, watch
{
"price": 14.69,
"priceLevels": {
"entry": 14.69,
"stop": 12.93,
"target": 17.22,
"support": 14.36,
"resistance": 14.36
},
"metrics": {
"score": 0.622,
"rewardRisk": 1.433,
"closeStrength": 0.97
},
"patternParams": {
"strict": false,
"subtype": "breakout",
"boxHeightPct": 24.89,
"breakoutExtensionPct": 0.117,
"touchesRes": 5,
"touchesSup": 4,
"volumeRatio": 1.587,
"winStartDate": "2026-04-21",
"resistance": 14.36,
"support": 11.49
}
}