$WULF Continues the path with a 59% candle in one day!

368
WULF is still locked into the Elliot Wave leading diagonal channel having printed wave 1-4 and now in wave (3) of 5. Leading and ending diagonals do not obey the rules that 'wave 4 can not dip into wave 1'.

Price blasted through the weekly 200EMA and pivot point validating my count. Target remains the R3 weekly pivot at the top of the channel line around $17-18.

Weekly RSI has entered the overbought territory but this is a lagging indicator and price can stay in the upper bullish range for months!

I will be leaving this trade open and letting it run.

Updated signal service 15/08/25:

✅ Bitcoin hit take profit #2 for 2.59RR

✅AAVE (DEMA) hit take profit #1 for 1.45RR

✅New signal added for ONDO (DEMA percentage Band Rule)

✅Updated parameters on NEAR and STRK

✅No stops or invalidations this week

Safe trading

Disclaimer

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.