As expected, 
CLSK has retraced up today, but also unfolding a flat correction of a larger degree in wave (x), which could have remained in progress and at a very late stage now.
Wave Analysis >> After completion of the retracement up in wave c, it's anticipated the following decline of 24% will develop a three-wave sequence abc as wave (y) to conclude the entire correction in wave ii(circled).
The retracing down target >> 7.93
Trend Analysis >> After the conclusion of the entire correction in the Minute degree wave ii(circled), the trend will turn upward to an impulsive third wave in the same degree.
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
CLSK has retraced up today, but also unfolding a flat correction of a larger degree in wave (x), which could have remained in progress and at a very late stage now. Wave Analysis >> After completion of the retracement up in wave c, it's anticipated the following decline of 24% will develop a three-wave sequence abc as wave (y) to conclude the entire correction in wave ii(circled).
The retracing down target >> 7.93
Trend Analysis >> After the conclusion of the entire correction in the Minute degree wave ii(circled), the trend will turn upward to an impulsive third wave in the same degree.
#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.