There is no change in my #TeraWulf analysis in this frame. The entire pattern as a leading diagonal in wave (A) should have ended by an expanding diagonal as wave((c)), which seems to have found its extreme point on the extension of the diagonal (A)'s boundary line in a double bottom >> [ 2.26 | 2.26 ] that would be considered as a significant extreme & reversal point.
>> There is no redline for the
WULF's analysis in my view since the Intermediate degree wave (A) that's expanded in a leading diagonal would be just an initial subdivision of the ongoing correction in one larger degree downward.
The following retracement of 78.6% in a three-wave sequence as a countertrend advance of the same degree wave (B) would lie ahead quite soon.
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
>> There is no redline for the
WULF's analysis in my view since the Intermediate degree wave (A) that's expanded in a leading diagonal would be just an initial subdivision of the ongoing correction in one larger degree downward.The following retracement of 78.6% in a three-wave sequence as a countertrend advance of the same degree wave (B) would lie ahead quite soon.
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
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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.