As depicted in the 2h-frame above,
WULF might extend its final advance in an impulsive extension of wave v(circled) of the ongoing Minor degree wave C. Hence, the target would adjust to the Fib extension target at 6.93.
Wave Analysis >> The triangle correction in wave iv(circled) worked well, followed by an initial swift advance of the same degree wave v(circled), which would likely extend towards the Fib extension target >> 6.93. So, an advance of 32% lies ahead to conclude the Minor degree wave C of the entire correction in an A-B-C zigzag as a countertrend advance in Intermediate degree wave (B).
Trend Analysis >> After completion of the Minor degree wave C, the countertrend advance of Intermediate degree wave (B), which has developed since April 9, will probably change to decline in the same degree wave (C) in the coming few days!
And it'll likely last until the end of the year!!
WULF
BTC
BITCOIN
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
Wave Analysis >> The triangle correction in wave iv(circled) worked well, followed by an initial swift advance of the same degree wave v(circled), which would likely extend towards the Fib extension target >> 6.93. So, an advance of 32% lies ahead to conclude the Minor degree wave C of the entire correction in an A-B-C zigzag as a countertrend advance in Intermediate degree wave (B).
Trend Analysis >> After completion of the Minor degree wave C, the countertrend advance of Intermediate degree wave (B), which has developed since April 9, will probably change to decline in the same degree wave (C) in the coming few days!
And it'll likely last until 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.