As illustrated on the chart above,
CLSK revealed that wave a of (y) in an expanding leading diagonal, which highly confirms that a relatively deep correction in wave ii (circled) is well underway, as anticipated.
Wave Analysis >> The retracement of wave b should have completed its second subdivision down, and the last one in 5% >> retrace up is now expected. The retracement target >> 9.51
The anticipated decline by 17% as the last subdivision >> wave c of (y) would follow very soon and finally will conclude the entire correction in Minute degree wave ii(circled).
The Retracement Targets >> 7.93 >> 7.84
Trend Analysis >> After the completion of the entire correction in the Intermediate degree wave (2), the trend will turn upward to an impulsive third wave in the same degree.
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
Wave Analysis >> The retracement of wave b should have completed its second subdivision down, and the last one in 5% >> retrace up is now expected. The retracement target >> 9.51
The anticipated decline by 17% as the last subdivision >> wave c of (y) would follow very soon and finally will conclude the entire correction in Minute degree wave ii(circled).
The Retracement Targets >> 7.93 >> 7.84
Trend Analysis >> After the completion of the entire correction in the Intermediate degree wave (2), 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.