Hov

I find high-probability setups using Elliott Wave

Charts, breakdowns, and the system behind it

[Hov @HovWave5]

I think one of the easiest ways to lose money is

Convincing yourself that every chart needs to be traded

Some charts are clean

Some need more time

And some are just complete shit

Being able to tell the difference is where the money is made

[Hov @HovWave5]

If you aren't using this downtime to lean how to find your levels, build your plan, and control your emotions

You're going to spend the next leg chasing with everyone else and likely won't make any money

Put in the work now so you're rewarded when the market wakes back up

[Hov @HovWave5]

The silence and lack of engagement these days says a lot

Unfortunately, most have already lost the bull run before it even starts

They're spending these quiet times doing nothing

[Hov @HovWave5]

I kept the original one there for your reference and it's not a bad area if you're macro bullish and want to start a position

But I think we might push lower into that $0.06 area

[Hov @HovWave5]

$FET

FET has continued inching towards our sub $0.12 target and down over 40% since (threaded)

While that is still a good target area, I've adjust where I think the landing spot will be

[Hov @HovWave5]

$SMR

Since our last SMR update it got the move down into our level (threaded)

So far it's ONLY 3 waves so we want to see it develop into 5 off this last low

It would be ideal to carry above $13 (red level) before the 3 waved retrace into support

That would set up a juicy C/3

[Hov @HovWave5]

Now I don't know if we get there but if your macro bullish on XRP that is a good level to position

Right now we're kinda sitting in thin air so we could cut down into that level quickly if price action starts picking up momentum

[Hov @HovWave5]

$XRP

Since our last XRP update price action confirmed the immediate degree triangle

Updating our chart of that macro running/expanded flat idea, our dca level down at 0.60 is getting closer (threaded)

[Hov @HovWave5]

I haven't done chart request in a while so figured it was time for one

Throw your request in the comments

Most requested gets the update

[Hov @HovWave5]

If that plays then we're looking at a target area between 365-550

We'll be able to pin point it when we get the develop 3rd wave but for now that's the target

Lets see if we can get 5 on this micro and go from there

[Hov @HovWave5]

$PLTR

Up over 50% since @SenseiTutum tracked the entry level very well for members over the last few weeks(threaded)

As of now it's only 3 waves off the low so we want to see it develop in 5 to give us that wave 1 of 5 here

[Hov @HovWave5]

$UUUU

UUUU got the smaller push lower into our level(threaded)

Nice start so far with 22% from the low but it's still early

Let's see if this can develop in 5 off the low on this micro

[Hov @HovWave5]

$IREN

Nailed it. Iren up over 30% from our $29 level (threaded)

That was your shot

Let's see how it develops off this low to see if we get an impulse

[Hov @HovWave5]

0.05 is the line in the sand. HTF close below and see ya

4.20 is still the target for 5th as long as it holds

[Hov @HovWave5]

$DOGE

DOGE finally hit our 0.07 target that we've been tracking for MONTHS

Down over 70% since we called for lower and we're told "That's impossible" (threaded)

This is THE level that needs to hold to keep the macro 4th alive without significant downside

[Hov @HovWave5]

$FET

Since our last FET update price action has slowly sold off over 30% and heading towards our level (threaded)

We could always end up seeing more sideways action here before finally getting down into our target

[Hov @HovWave5]

Still 1-1 is a little lower and we have the channel boundary confluence there too

If price action can regain 47 on a HTF close then I would probably lean towards the low being in

[Hov @HovWave5]

$IREN

A bunch of you have request IREN so I figured I'd give it an update

We've been tracking it in the discord as a wave 4 on the immediate degree

We might see one more small sweep of the low to complete the 5th of C but we did make a small new low compared to A

[Hov @HovWave5]

Now that the algo is somewhat fixed I'm giving likes out like candy so I teach this bitch a lesson

[Hov @HovWave5]

$PYPL in todays episode of bangers you missed

Up 36% from our entry level with tight invalidation

The juice was worth the squeeze