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$IRENBear claim
ElliottWaveTraderElliottWaveTraderANALYSTJul 20, 2026
The claim

“IREN is bearish with a secular breakdown after breaking support at 49, forming an impulse, and potential further downside below 214.”

Why he says it — point by point

FAVORABLE & AGAINST · BOTH KEPT

Why

broke support forming an impulse

I see secular breakdown

Is it going to hold or is it going to be like circle? is going to break down and we end up with a three-wave top I have some Iris energy uh I cut

The structured call

Direction
Bearish
Catalyst
—
Target
—

The receipt

YouTube · 41:4241:42

“IREN is bearish with a secular breakdown after breaking support at 49, forming an impulse, and potential further downside below 214.”

From "Monthly Crypto Webinar Series: July 18th, 2026"
Open the source at 41:42 →

Publish-day price $$61.20 · the claim is anchored to the moment it was said.

ElliottWaveTrader on $IREN, over time

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