Yup, 100% Elliott Wave. As they say: "show me the charts and I'll tell you the news".

Important to caveat, this is not a prediction, yet. But it is a risk warning. Let me quantify the nuance like this:

High conviction bullish = Buy
Unclear charts = Sidelines
High downside risk = Sidelines
High conviction bearish = Short

So it's a risk warning to holders. Hopefully the nuanced logic tree makes sense.