CIFR Ready for retracement...

Wave 3 appears to be underway on with wave (1) peaking with a pop into the all time high volume node as expected for wave 1 termination, trapping new traders and investors with the excitement!

Sentiment is very greedy on social and mainstream media suggesting a top is here!

Wave 2 retracement is expected to find support at the High Volume Node and 0.236 Fibonacci retracement $6.48 where it should find confluence with the weekly 200EMA and R1 pivot.

Weekly RSI is overbought with no divergence.

Wave 3 has an expected target of at least $50

Safe trading

Maddox_Metrics

PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com

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Maddox_Metrics