BITF — 📊Technical Update (Daily)Bitfarms Ltd. surged +28.33% — Rally of the day📈 — extending Minor Wave 3 into its 5th subwave, as anticipated.
The extension of the Minute Wave ⓥ of Minor 3 remains in progress, with a Fibonacci target at $6.60 🎯.
Upon completion of Minor Wave 3, a Minor Wave 4 pullback is expected — likely unfolding as a zigzag retracement📉.
The advance of Intermediate Wave (3) may then resume, with a projected target near $10.00 🎯, implying a potential +137% upside📈 into mid-November.
🔖>> Weekly Bullish Alternative Scenario is pinned to my profile on X for reference.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.