As anticipated,
WULF pulled back 6.4% today, in line with the ongoing corrective phase of Wave (iv).
📉Wave Analysis
The extending impulsive Minor Wave C may have completed internal subwave (iii) of Minute Wave iii(circled), peaking slightly above the 10.50 Fibonacci extension target. As anticipated, a sharp retracement in Wave (iv) is now unfolding, with price declining toward the 0.382 Fibonacci retracement level. >> 7.80
📈Trend Analysis
The upward trend — with a potential final rise of 66% and a technical target 🎯near $13 — is expected to continue into mid-September. Once the structure of Minor Wave C completes, the countertrend advance of Intermediate Wave (B) — the second leg of a developing flat correction in Primary Wave ②, in progress since April 9 — will likely give way to a similarly graded decline in Wave (C), possibly extending through year-end.
#CryptoStocks #WULF #BTCMining #BitcoinMining #BTC
WULF $MARKETSCOM:BITCOIN
BTC
BTCUSD
📉Wave Analysis
The extending impulsive Minor Wave C may have completed internal subwave (iii) of Minute Wave iii(circled), peaking slightly above the 10.50 Fibonacci extension target. As anticipated, a sharp retracement in Wave (iv) is now unfolding, with price declining toward the 0.382 Fibonacci retracement level. >> 7.80
📈Trend Analysis
The upward trend — with a potential final rise of 66% and a technical target 🎯near $13 — is expected to continue into mid-September. Once the structure of Minor Wave C completes, the countertrend advance of Intermediate Wave (B) — the second leg of a developing flat correction in Primary Wave ②, in progress since April 9 — will likely give way to a similarly graded decline in Wave (C), possibly extending through year-end.
#CryptoStocks #WULF #BTCMining #BitcoinMining #BTC
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Declinazione di responsabilitÃ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.