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WaveLab Academy

WaveLab Academy

@WaveLabAcademy

Advanced Elliott Wave Trading Education-Crypto, Equities, Futures, & Options Strategies-Empowering Traders Worldwide

Katılım Temmuz 2022
119 Takip Edilen951 Takipçiler
WaveLab Academy retweetledi
Sensei Tutum
Sensei Tutum@SenseiTutum·
#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?
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Hov
Hov@HovWaves·
$BTC I forgot to get this alt bullish BTC count posted for you guys from last week(threaded) The alt bullish count is that we're ramping up for an extended 5th Currently working on Wave 2 of 5 That would carry prices much higher before this run is over My primary though is that we see a sweep of these low before running higher into the 150ish k area (updated chart in thread) Bearish thesis IF the top is in is we see a pullback to at least 69k. Probably closer to 40 since bitcoin has a history of 70% macro retraces
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Sensei Tutum
Sensei Tutum@SenseiTutum·
#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.
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Hov
Hov@HovWaves·
$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
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WaveLab Academy
WaveLab Academy@WaveLabAcademy·
@HovWaves I love that we all just inherently know the exact words being uttered. I love this app.
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Hov
Hov@HovWaves·
Hey Gary Sincerely
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WaveLab Academy
WaveLab Academy@WaveLabAcademy·
@HovWaves @SenseiTutum The fact that her bathing suit is even off slightly to get the Betas zooming in. Totally gonna rekt their NNN on Day 8.
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WaveLab Academy retweetledi
Hov
Hov@HovWaves·
$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?
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Hov
Hov@HovWaves·
$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?
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WaveLab Academy retweetledi
Hov
Hov@HovWaves·
$CRV Since a lot of you request the #CRV alt count here it is Remember, this is IF this currently level breaks(previous chart threaded) We just tagged a major algo almost ttt so not the best place to be cutting imo But if that happens my next target area is that .24ish area
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Hov
Hov@HovWaves·
$RLB What most people don't realize about #RLB is they aren't playing with a full deck when looking at the chart This is the actual total history for Rollbit Up 35404% since July 22 On decreasing volume & strength head for new highs I see this likely topping out at the .28-.31 level Before a macro retrace that takes it to at least sub 3 cents You've been warned
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WaveLab Academy retweetledi
Hov
Hov@HovWaves·
$BTC Long Signal I hope you didn't get bored & sell support again anon Our #bitcoin plan is currently up over 25% since our entry(threaded) We're on the verge of our htf close above our key level from last update As I mentioned in the last update we we're seeing the expected strength or volume for a Wave 3 This made me think we could potentially be seeing a 1-2 1-2 from the micro low & are about to see our volume & strength kick in for our Wave 3 This is the alt yellow micro you see We'll watch out this leg shapes up to give us the clues as to whether we're in the 5th & top in that 82-85 area or we get that 3rd & push up into that 100k area What do you think? Wave 5 or wave 3?
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WaveLab Academy retweetledi
Hov
Hov@HovWaves·
$KAS Break out or Fake out? Been a while since our last #kas update We got the last push into our support level before getting this 70% bounce Per rule of alteration, we would expect some form of sideways style correction here since the wave 2(blue circle) of the same degree was sharp style So if we reject here we'd expect a pullback to at least that .14 support level because for all we know we could be getting a triangle(sides style) & not a regular flat Solid HTF close above that .20 level & I think kas continues to carry into that .25-.28 level to complete the macro 3rd
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Hov
Hov@HovWaves·
$BTC Macro Exit Signal Since nothing has really changed since my last bitcoin update(threaded) I wanted to do something a little different for you guys I often like to look at a fresh chart for a few reasons 1. Not get sucked into my bias based off my previous thoughts & force a count to fit 2. Sometimes a clean chart will provide some clarity With that in mind, I've come up with this alt count Now let me explain how & why I got here & what I'm watching as my macro exit signal As I've talked about many times Wave 3 will often break the base channel & will often show a peak(bullish divs) in the oscillators That peak didn't happen until much later than we'd expect(this last high) I mentioned many times over the last year that we had yet to see the strength in volume & oscillators as we approach the upside of the base channel but that bitcoin often under performs until it doesn't When we finally broke above the base channel we saw that increase in strength in both volume & the oscillators giving us that bullish divs we've been waiting for(yellow micro, orange macro b divs on bottom) We can often see our wave count in the oscillators as well on both the micro(white) & macro (blue) So now I'll cut to the chase on the macro exit since this is already getting a bit long winded As you can see we are likely in the 4th/5th(white) of our 3rd(blue) So I'd be expecting one more push higher on micro bearish divs before our macro 4th(blue) After that I'll be looking for that same thing for our 5th as our exit We should see bearish divs in the oscillators & volume on the macro(blue) while on the micro(white) we'll be looking for that 5 waved pattern I would probably look to be taking profit earlyish during that last micro 3 & 5 You wouldn't likely catch the pico top but just as we did with our DCA entries in the last bear market (20kish) we'll do for our exits & catch the meat & potatoes of the move I appreciate all your likes & retweets. If this gets over 100 combined I'll do another update for you guys today. Throw your request in the comments
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Sensei Tutum
Sensei Tutum@SenseiTutum·
#BTC Here is the chart displaying the idea from my previous video. A note from the video - I don't expect a return of signficance in time to the log channel shown. Should that happen, ideas would start to change. Have a great weekend!
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Sensei Tutum
Sensei Tutum@SenseiTutum·
#Bitcoin Getting nervous? Should we take a look at how this idea is tracking? Video or chart?
Sensei Tutum@SenseiTutum

#BTC Back in January I gave the macro options order of operations for scenarios that I was tracking for. Option 1, which was the most bullish is easily the favorite at this juncture. None have actually been eliminated. Any interest in a video talking about things?

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Sensei Tutum
Sensei Tutum@SenseiTutum·
#BTC Where do you think we go from here? -Sustained selling and holding below 60? -Finishing up the correction before the next foray with ATHs? -Sideways forever?
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