As illustrated on the
WULF 2h-frame above, considering the internal structure of the ongoing wave (c) would suggest now respecting an expanded diagonal as the ending formation of the entire correction in wave b(circled) as an alternative.
So after the completion of retracing up in the 4th subdivision, A final decline of 20% is expected to follow to conclude the entire correction in wave b(circled) in an expanded flat formation.
The next retracement target >> 3.20
Trend Analysis >> The trend will turn upward very soon! to a Minute degree impulsive wave c(circled) after completion of correcting down in the same degree wave b(circled).
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
So after the completion of retracing up in the 4th subdivision, A final decline of 20% is expected to follow to conclude the entire correction in wave b(circled) in an expanded flat formation.
The next retracement target >> 3.20
Trend Analysis >> The trend will turn upward very soon! to a Minute degree impulsive wave c(circled) after completion of correcting down in the same degree wave b(circled).
#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.