WaveLab Academy retweeted
bitcoin:native
Its a big news day with the Senate making a decision on the Clariy Act today.
The chart doesn't really care. This is such a typical looking 1-2-3 and 4 in play.
3 finished waves can always finish at just that, 3 waves. (That's why we love our A+ pull back) - but if a move was ever going to finish in 5
This is the one.f
$SOL
I still like SOL as a 4th here
Could be a lower degree 4th like in this chart or it could be one degree higher
It doesn't really matter
We want to see one more push higher for a nice 5 waves off the low
That will set up the next big flush
That is the move you want to be ready for
Make sure to check the previous update for the macro outlook and plan(threaded)
I see this mistake all the time
Putting five numbers on a chart doesn't make it a five wave impulse
The labels can look clean while the structure underneath breaks the rules
Here's what I check BEFORE trusting a count, from the bigger move to the smaller waves inside it
$BTC
BTC still looks 3 waved to me
Which means I’m treating this as a 4th at minimum, which degree is up for debate
I also don’t think the market is going to make the next major pivot easy
If the larger bull trend is starting, I expect the retrace everyone says they want to feel absolutely terrible when it actually comes
That’s usually how it works
You better be prepared
$GME
Our $18 target finally hit
Is this something you guys are still interested in?
$GME Textbook Elliott Wave Price Action
GME is playing out exactly as we'd expect
Per EW, price action will typically return to where it extended from
As you can see during this #GME run, it's done so 3 times
The previous 2 times it gave a double tap of the level before taking off
So my first thought is it plays out exactly the same way & we get a double tap of that 18 level before running(white)
I'm wrong if we get some consolidation here & put in a 5th wave with a htf close above that red level(blue) & ultimately get a retest of that resistance/support level before running
WaveLab Academy retweeted
solana:So11111111111111111111111111111111111111112
I know these bullish projections are getting side-eyes from the eternal pessimists.
There are also plenty in the bull camp who would call these targets too conservative.
I just call it unbiased, simple analysis.
If the 2 sets up like this and you’re in my DMs asking “when’s the next bull run?”...
I’m gonna block you.
$OPEN
From your chart request over the weekend I took a look at OPEN for you
Our previous outlook was back when price was sitting around 4.75 and we were looking for a continuation lower into that 2.3ish level
Well since that price has continued 35% lower and still tracking for our level
I see no reason to change the outlook
The market is starting to heat back up
Don’t wait until everything is pumping to decide you should probably learn how to trade it
This is when you build the roadmaps
Find the levels
Set the alerts
Define the invalidation
Prepare BEFORE the FOMO starts
For Labor Day, WaveLab is 30% OFF
Use code LABORDAY30
Elliott Wave education
Market roadmaps
Levels
Targets
Invalidation
Real setups
No vague chart guru bullshit
Put in the work now
Be ready when the market really moves
$LINK
The hardest part of trading usually isn't finding a chart
It's waiting for the chart to become worth trading
Similar to many of the alt charts I've posted recently
LINK is 3 waved so far, we get one more push higher for the 5th and it sets up a chart worth trading
As juicy C/3 on a high tf chart
You can find something that looks close every single day
That doesn't mean the structure is ready
Close enough is where a lot of bad trades start
Be patient and let the trade come to you
WaveLab Academy retweeted
ripple:native
These are supposed to be targets on the HIGHER end of the expected ranges.
I just can't bring myself to do it.
These targets are quite conservative relative to the last impulse's internal relationships that we JUST observed.
But you missed it right?
$ETH
Similar to a lot of other alts, ETHs move off the low is ONLY 3 waves so far
This is a great example of an IF/THEN scenario to help give us some clarity
This isn't a it can go up or down chart
It's an IF this happens THEN this is what I'm looking for and how to trade it
If this happens then this other plan is how I'd trade it
Since the last update ETH didn't quite reach our target area before this nice move off the low(threaded)
But as I mentioned, it's only 3 waves off the low
So IF this immediate degree support holds and we get one more push up into resistance, turning this into a 5 waved move off the low
THEN I'm looking to take advantage of a deeper retrace into support to get behind to target higher
IF this level doesn't hold and the micro comes down in 5 THEN I'm looking for price action to carry us deeper
How deep I don't know but I would at least expect a c/3 after that micro 5 completes
So like we always do, you look for that 3 waved retrace into resistance to target lower levels
Rinse repeat
There are different trades you can take here at different levels. Meaning you could scalp, you could swing, or you could position
But that's another post I'll have to do for you guys since this is already getting long
Let me know in the comments if that's something that even interests you and if there is enough interest I'll make it happen
solana:9bde4zbM3pu5mYG9UKDyAHjv2VNUMDs3tTmPopeGpump $PEPE $WIF
Almost every time I post a roadmap I get 2 responses
1. That's impossible
2. So it can go up or down
A1. It's probable( I typically post the highest probability counts at the time)
A2. We never know for sure what price is going to do. We plan different scenarios ahead of time as if/then scenarios
IF this happens THEN this is what we are doing and trade accordingly
The roadmap is always the key
The PEPE and FART charts are 2 great examples
The important part isn't that price moved in the directed we expected
It's that we had the important levels mapped out before it happened
FART was an obvious corrective phase at the time but the target was a 90% retrace
When I posted it, multiple "that's impossible/never going to happen" comments were made
As you can see. They happened and ran to our target with perfection and then got over 100% bounce
PEPE was an IF/THEN scenario. We tagged one of our important levels but didn't for sure know if the low was in
At the time of the post it was only 3 waves off the low
IF it rejects here THEN we look for our target area
It played out, dropped 50% straight to our level and then bounced close to 100%
We knew what needed to hold
We knew where the next important area was
And we knew what would tell us the idea was wrong
That's the part you can actually repeat
WaveLab Academy retweeted
ethereum:0x514910771af9ca656af840dff83e8264ecf986ca
Well Marines you may have missed the bottom, but the door at the recruiter's office is always open.
I'm sharing these targets becasue they are very bullish.
These are not crazy targets.
There are MUCH higher numbers I could show you.
WaveLab Academy retweeted
#Silver
Recent price action makes it tempting to call this a repeat of the last cycle top.
I'll show another potential path.
What is everyone thinking?
WaveLab Academy retweeted
#Bitcoin
Overnight price action has strengthened the view of a potential bottom forming in Bitcoin.
While this count remains the leader in the clubhouse, don’t fully rule out one more washout on further divergence.
WaveLab Academy retweeted
$FET
FET tapped our level & bounced for over 100%(threaded)
As we discussed last update that was a HUGE level to hold
We got a nice little impulse off the low
Diag still the leader with ATH's coming. Maybe close to $10
WaveLab Academy retweeted
$SUI
Another SUI plan played to perfection with a to the tick profit take level for another 45%(threaded)
That's 145% in two back to back trades
The top here is a little funky but it can work as an expanding ending diag or still working on something different
If it is finished here I expect a move sub $1.8 before a continuation higher
What other chart would you like updated today?
WaveLab Academy retweeted
$ETH
Not too much has changed since our last ETH update
I still think we see that sub 1900 level
Of the 3 counts we're following. If I were to say which count I lean towards it'd be the blue count
White: A very janky impulse off the low for 1. 1800 Target
Blue: Macro degree triangle. 1600 Target
Yellow: Macro flat. RIP Target
ETH has been a major lager so far this cycle
Which count do you like best for it?




























