TeraWulf has worked marching in place in two straight weeks, while has maintained the price volatility in 16% range above the extreme low pointed at 2.90. And quite stating an Impending Trend Reversal as well!!
So there is no change in the prior outlook on this frame,
WULF should 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) might be starting to advance in coming days.
And technically, it's well 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 coming weeks.
The ultimate target would be around >> 7.25 in few months ahead.
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
So there is no change in the prior outlook on this frame,
WULF should 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) might be starting to advance in coming days.And technically, it's well 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 coming weeks.
The ultimate target would be around >> 7.25 in few months ahead.
#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.