TeraWulf's Stating An Impending Trend Reversal!!
As illustrated on the 4h-frame above,
WULF seems to have ended the expanding diagonal as wave (A) by an ending diagonal as the final decline in its wave ((c)) at 2.90. And so, the following retracement of 78.6% in Intermediate degree wave (B) may have started to advance in last week.
Technically, it's now expected the countertrend rally by 70% in Minor degree wave A to reach the origin point of the diagonal wave ((c)) at 5.59 in few weeks ahead.
The ultimate target would be around >> 7.25 in few coming months.
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
As illustrated on the 4h-frame above,
WULF seems to have ended the expanding diagonal as wave (A) by an ending diagonal as the final decline in its wave ((c)) at 2.90. And so, the following retracement of 78.6% in Intermediate degree wave (B) may have started to advance in last week. Technically, it's now expected the countertrend rally by 70% in Minor degree wave A to reach the origin point of the diagonal wave ((c)) at 5.59 in few weeks ahead.
The ultimate target would be around >> 7.25 in few coming months.
#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.