As anticipated, 
CLSK turned down by a 17.33% decline since the May high >> 11.04, and it's very close to the estimated target >> 11.22 in my analysis on May 19!!
Wave Analysis >> The structure of the rising expanded diagonal in Minute degree wave i (circled) is quite well over, and its correction in the same degree wave ii (circled) has begun its way down.
Trend Analysis >> The Minute-degree trend has turned downward to (likely) a relatively deep retracement in wave ii (circled) over a few coming weeks.
The leading diagonal pattern in Minute degree would align with the Minor degree trend upward >> An impulsive wave C should be likely underway. (Just its waves i, ii & iii (circled) shown on the chart.)
Fib-retracement targets for the ongoing decline in wave ii (circled) >> 7.93 >> 7.24
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
CLSK turned down by a 17.33% decline since the May high >> 11.04, and it's very close to the estimated target >> 11.22 in my analysis on May 19!!Wave Analysis >> The structure of the rising expanded diagonal in Minute degree wave i (circled) is quite well over, and its correction in the same degree wave ii (circled) has begun its way down.
Trend Analysis >> The Minute-degree trend has turned downward to (likely) a relatively deep retracement in wave ii (circled) over a few coming weeks.
The leading diagonal pattern in Minute degree would align with the Minor degree trend upward >> An impulsive wave C should be likely underway. (Just its waves i, ii & iii (circled) shown on the chart.)
Fib-retracement targets for the ongoing decline in wave ii (circled) >> 7.93 >> 7.24
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
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