CIFR Ready for retracement...

Wave 3 appears to be underway on CIFR 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