$CORZ / Hourly
The retracing up as Minor degree wave B could be considered in a [ Diagonal a - b - c ] formation, as shown on this hourly frame.
Today, continuing to decline in
CORZ, would suggest the wave b(circled) to morph into a zigzag correction instead the triangle pattern that be failed now. So the Minute degree wave b(circled) in a zigzag remains in its late stage, and the entire wave structure implies to closing the week with one more decline. The expected target might be around 11.34.
#CryptoStocks #CORZ #BTCMining #Bitcoin #BTC
Today, continuing to decline in
CORZ, would suggest the wave b(circled) to morph into a zigzag correction instead the triangle pattern that be failed now. So the Minute degree wave b(circled) in a zigzag remains in its late stage, and the entire wave structure implies to closing the week with one more decline. The expected target might be around 11.34. #CryptoStocks #CORZ #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.