Elliott Wave
Bitcoin long: Expects Wave 5 Extension, Target $112,608I provide an update to the Bitcoin Elliott Wave primary wave counts. Here's a few things to note:
1. Primary Wave 3 = Primary Wave 1. Wave 3 is actually slightly longer than wave 1 but for the purpose of ascertaining whether it extends, we take the position that it did not.
2. Expects Primary Wave 5 extension of at least 1.618x of Primary Wave 1, giving us a target of $112,608.
3. Stop below Primary Wave 4, around $92,750.
DUOL - Short until it finds a bottomDUOL earnings ahead, I bet this gonna below 300 post earnings.
AI gonna make this obsolete
AI adaption gonna keep them afloat but can't be a substitute for AI.
Technically this is at right place for the short entry.
Target 1 - 260
Target 2 - 220
Target 3 - 160 over the time
GOLD → Correction before NFP. What are the chances of a decline?FX:XAUUSD strengthens amid dollar correction. The market is correcting ahead of NonFarm Payrolls, trying to accumulate potential before high volatility.
Gold recovers ahead of US employment report
On Friday, gold rebounded from a two-week low, recouping some of its losses ahead of the release of US labor market data (NFP), which could set the tone for prices going forward. Amid optimism over trade talks and a strong dollar, gold ended its worst week in two months, but geopolitical tensions and a potentially weak jobs report could boost demand for safe-haven assets again.
The correction in the dollar gives gold a small chance to strengthen. However, fundamentally, the overall trend has already set the tone and gold may continue to fall.
Resistance levels: 3268, 3285, 3295
Support levels: 3227, 3204
The correction may reach a local zone of interest (money pool) — liquidity above 3270, or the 0.7 Fibonacci zone, after which the price may continue its course along the new trend — down to 3193.
However, unpredictable and unexpected data could disrupt the structure and push the price up to 3320-3350.
Best regards, R. Linda!
USDJPY → Price in range, retest of resistanceFX:USDJPY is emerging from local consolidation in hopes of seeing economic data that could support the dollar. The target for this movement could be the liquidity zone at 144.00.
The currency pair is trading within a neutral range of 144.14 - 141.64. However, a local consolidation has formed within the range, from which the price has broken out. The main task for the bulls is to hold the defense above 142.75, in which case we will be able to catch the price distribution to the upper border of the global range of 144.14.
News ahead, positive data may strengthen the dollar, which will accordingly affect USDJPY, but there is strong resistance at 144.14, whose liquidity pool may trigger a downward rebound. The trend is neutral.
Resistance levels: 143.9, 144.14
Support levels: 142.75, 141.98
There are no reasons to exit the global range. Over the past two weeks, this will be the first retest of the 144.14 zone, which in general only increases the chances of a false breakout and correction.
Best regards, R. Linda!
More potential downsideEveryone is picking bottoms that is dangerous in this environment, this chart is Elliott wave we are at the top of the b-wave and it is considered a bull trap but we could get a v shape and may not get follow through in which case the b-wave becomes a new wave 5. It could go either wave but my bias is we get follow through to the downside but its just an opinion you have to due whats best for you.
USD/JPY Eyes Breakout After Healthy Wave 4 CorrectionThe USD/JPY pair is currently unfolding a clean impulsive 5-wave structure to the upside. The price action has already completed Waves 1, 2, and 3, and has entered a probable Wave 4 correction.
Wave 3 appears extended and tapped into a key Fair Value Gap (FVG), which acted as resistance.
Wave 4 is likely to develop as a shallow retracement, possibly forming a bull flag or expanded flat before launching into Wave 5.
The ascending channel supports the bullish structure with both Wave 2 and Wave 4 respecting lower bounds.
Targets: 144.750 - 144.351
Stoploss: 146.268
MANTA: The Pacific#MANTA is one of the Binance Launchpool coins listed in late 2023–early 2024, most of which dumped heavily post-launch, draining liquidity from beginner users.
Despite that, OMXHEX:MANTA may have completed a major zigzag correction after a strong bounce from ATL.
Holding above that low could spark a major bull-run, potentially recovering early investor losses.
#MantaNetwork
DOGE: The Dogecoin ArmyCRYPTOCAP:DOGE is among the top10 cryptocurrenices and although it's a memecoin but it's a legit store of value. After it's historical run during 2020/2021, it went in a 4 years long correction so far that is still ongoing and expected to last another couple of years as long as the price stays in the current bullish triangle pattern. By holding above $0.057 (the stop-loss) and below the level of $0.48 which passing it confirms targeting a new all-time high.
#Dogecoin