TeraWulf's two straight days market selloff and exceeding the last extreme low(2.90) today, quite well would suggest to morph into an expanding diagonal instead the prior contracting one as wave ((c)) which now still remains in its very late stage. And the entire wave structure implies to further decline by 16% as well.
The estimated target >> 2.44 >> extreme low & reversal point.
The following retracement of 78.6% in a three-wave sequence as a countertrend advance of Intermediate degree wave (B) would likely lie ahead, very soon!
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
The estimated target >> 2.44 >> extreme low & reversal point.
The following retracement of 78.6% in a three-wave sequence as a countertrend advance of Intermediate degree wave (B) would likely lie ahead, very soon!
#CryptoStocks #WULF #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.