According to a bearish alternative in my weekly frame(not posted!), I'd analyzed the rising wave since April 7 as an A-B-C zigzag formation in correction of the Intermediate degree wave (B) >> Not shown in this 3h-frame.
Wave Analysis >> As depicted in the 3h-frame above, the Minor degree wave C of the countertrend advance in wave (B) may thoroughly develop in an ending diagonal, which remains in its very late stage, and a final advance of 17% lies ahead to conclude the ending diagonal wave C of the entire correction of wave (B).
Trend Analysis >> After completion of the possible ending diagonal as Minor degree wave C, the trend will change soon to downward in a decline of Intermediate degree wave (C).
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
Wave Analysis >> As depicted in the 3h-frame above, the Minor degree wave C of the countertrend advance in wave (B) may thoroughly develop in an ending diagonal, which remains in its very late stage, and a final advance of 17% lies ahead to conclude the ending diagonal wave C of the entire correction of wave (B).
Trend Analysis >> After completion of the possible ending diagonal as Minor degree wave C, the trend will change soon to downward in a decline of Intermediate degree wave (C).
#CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
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