Wave Analysis >> While the overall outlook on
WULF remains consistent with the previous analysis, the ongoing sideways volatility suggests a need to reassess the wave count on the final stages of Minor degree impulsive advance in wave C.
The Fib extension target remains intact >> 6.93
Trend Analysis >> Upon completion of Minor degree wave C, the countertrend advance of Intermediate degree wave (B), which has been unfolding since April 9, is likely to give way to a decline in wave (C) of the same degree. This downtrend might begin in the coming days and potentially extend through the end of the year!!
WULF
BTC
BTCUSD
BITCOIN
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
The Fib extension target remains intact >> 6.93
Trend Analysis >> Upon completion of Minor degree wave C, the countertrend advance of Intermediate degree wave (B), which has been unfolding since April 9, is likely to give way to a decline in wave (C) of the same degree. This downtrend might begin in the coming days and potentially extend through the end of the year!!
#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.