As anticipated, 
CLSK turned down by a 17.33% decline since the May high >> 11.04, and it's very close to the estimated target >> 11.22 in my analysis on May 19!!
Wave Analysis >> The structure of the rising expanded diagonal in Minute degree wave i (circled) is quite well over, and its correction in the same degree wave ii (circled) has begun its way down.
Trend Analysis >> The Minute-degree trend has turned downward to (likely) a relatively deep retracement in wave ii (circled) over a few coming weeks.
The leading diagonal pattern in Minute degree would align with the Minor degree trend upward >> An impulsive wave C should be likely underway. (Just its waves i, ii & iii (circled) shown on the chart.)
Fib-retracement targets for the ongoing decline in wave ii (circled) >> 7.93 >> 7.24
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
CLSK turned down by a 17.33% decline since the May high >> 11.04, and it's very close to the estimated target >> 11.22 in my analysis on May 19!!Wave Analysis >> The structure of the rising expanded diagonal in Minute degree wave i (circled) is quite well over, and its correction in the same degree wave ii (circled) has begun its way down.
Trend Analysis >> The Minute-degree trend has turned downward to (likely) a relatively deep retracement in wave ii (circled) over a few coming weeks.
The leading diagonal pattern in Minute degree would align with the Minor degree trend upward >> An impulsive wave C should be likely underway. (Just its waves i, ii & iii (circled) shown on the chart.)
Fib-retracement targets for the ongoing decline in wave ii (circled) >> 7.93 >> 7.24
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
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Disclaimer
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.