ElliottChart

ElliottChart

Quite sometimes, it's a better way to give patterns time to develop. So NASDAQ:RIOT has revealed a leading diagonal as an Intermediate degree wave (1), which remains in its very late stage! An impending correction in the same-degree wave (2) is expected to follow in the coming days. Trend Analysis >> The Intermediate degree trend would have turned downward....

ElliottChart

NASDAQ:WULF closed the week with an unexpected 18% swift advance to complete the structure of wave (b) in a three-wave sequence. The short-term bearish case remains intact. A decline of 23% in an impulsive wave (c) of ongoing correction in wave b(circled) would likely lie ahead. Wave Analysis >> The entire correction in wave b(circled) may have expanded in a...

ElliottChart

NASDAQ:CLSK closed the week with an expected 11% swift retrace up to complete the structure of the wave (x) in a three-wave sequence. The short-term bearish case remains intact well. A decline of 19% in wave (y) of the ongoing ii(circled) would likely lie ahead. The Retracement Target >> 7.93 #CryptoStocks #CLSK #BTCMining #Bitcoin #BTC

ElliottChart

Today, NASDAQ:CLSK declined by 5.3% under extension of the diagonal boundary line, which well functioned as a resistance line. The developing wave so far may considered as the second subdivision of the wave (x) upward. >>  There are differing formations that an entire correction may develop. The short-term bearish case remains intact. An estimated decline of...

ElliottChart

NASDAQ:WULF has worked almost 10% down today and turned to the expected decline in wave (c). A further decline of 17% would likely lie ahead. Wave Analysis >> The entire correction in wave b(circled) may have expanded in a flat formation in which wave (c) should have started its way down today. The anticipated targets >> 3.20 >> 3.13 #CryptoStocks #WULF...

ElliottChart

NASDAQ:RIOT continued to advance 5.2% today and exceeded the May high at 9.52 >> suggesting an alternative in which the rising leading diagonal may have been thoroughly corrected in an abc zigzag. But it did not reach the expected target. Based on this alternate analysis, an impulsive third wave may have begun its way up. #CryptoStocks #RIOT #BTCMining #Bitcoin #BTC

ElliottChart

NASDAQ:CLSK  retraced up 3.4% today and stayed under the diagonal boundary line extension. It may considered as the first part of the wave (x) upward. >> There are differing formations that an entire correction may develop. The short-term bearish case remains intact. A decline of 21% is expected to follow after completion of the ongoing wave (x). #CryptoStocks...

ElliottChart

NASDAQ:RIOT  worked 6.5% retracing up today, which may be considered as wave x upward. There are differing formations that an entire correction may develop. So, the short-term bearish case remains intact. And a decline of 20% is expected to follow soon. The first Fib-retracement target >> 7.68 The next target >> 7.30 #CryptoStocks #RIOT #BTCMining #Bitcoin #BTC

ElliottChart

NASDAQ:CLSK  worked 7% retracing up today. There are differing formations that a correction may develop. So, the short-term bearish case remains intact. The decline by 24% may considered as wave (w), and a retracement in the following wave (x) should be underway. #CryptoStocks #CLSK #BTCMining #Bitcoin #BTC

ElliottChart

NASDAQ:WULF  has retraced up 4.7% today, according to the prior analysis. An advance of just 3% is left to turn the correcting up in wave (b) downward, in the following same-degree wave (c). Wave Analysis  >> The diagonal pattern as the Minutte degree wave (a) quite well indicates that a relatively deep retracement is underway. #CryptoStocks #WULF #BTCMining...

ElliottChart

NASDAQ:RIOT has worked 5% retrace up today. It may be considered as the 4th wave of a possible diagonal, which would lead to further decline in a deep retracing down that should be underway. Trend Analysis >> There is no change in my analysis in this frame, so far. Respecting the wave structure of the leading diagonal in which the 5th wave has revealed an...

ElliottChart

With zoom in on this 30m frame. NASDAQ:WULF should have completed a leading diagonal as the first subdivision of the anticipated correction in Minute-degree wave b (circled) downward and worked sideways by 2.27% upper the boundary line of the diagonal today. Wave Analysis >> The diagonal pattern indicates that a relatively deep retracement is underway. As...

ElliottChart

NASDAQ:CLSK worked marching in place today. The short-term bearish case >> decline of wave (a) in progress remains intact. It would be considered just as an initial subdivision of correcting down in Minute degree wave ii (circled). Wave Analysis >> 24% continuous decline, exceeding and closing the last week under the boundary line of the leading diagonal, all...

ElliottChart

Let's zoom in on this 30m frame, NASDAQ:WULF may have completed a leading diagonal as the first subdivision of the anticipated correction in Minute-degree wave b (circled) down. The diagonal pattern indicates that a relatively deep retracement is underway as well. Now as depicted on the chart above,10% advance in corrective wave (b) is expected to follow over...

ElliottChart

NASDAQ:CLSK  well continued to decline by 23% since the May high >> 11.04. It would be considered just as an initial development of correcting down in Minute degree wave ii (circled). Wave Analysis  >> 23% continuous decline, exceeding and closing the week under the boundary line of the leading diagonal all highly confirms that the correction in wave ii (circled)...

ElliottChart

NASDAQ:CLSK  well continued to decline by 23% since the May high >> 11.04. It would be considered just as an initial development of correcting down in Minute degree wave ii (circled). Wave Analysis  >> 23% continuous decline, exceeding and closing the week under the boundary line of the leading diagonal all highly confirms that the correction in wave ii...

ElliottChart

NASDAQ:WULF continued to decline by 3% today and 17% since the May high. The Minute degree wave b (circled) is well in progress, and a further decline of 17.77% is expected to follow over the coming few weeks. The retracement targets >> 2.94 >> 2.90 #CryptoStocks #WULF #BTCMining #Bitcoin #BTC

ElliottChart

NASDAQ:RIOT  continued to decline by 17% since the May high >> 9.52, as anticipated. Trend Analysis  >> Respecting the wave structure of the leading diagonal in which the 5th wave has revealed an ending diagonal and 17% continuous decline, all quite well indicate that the anticipated correcting down should be a relatively deep retracement. And it will take a few...