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Elliott Wave

EW Says: Ethereum is ready to move up soon.EW means Elliott Wave, and Elliott wave is very cool, not ewww... Or at least that has been my findings studying it for a couple months now. The ethereum chart is very clear, with two impulse waves separated by first of running flat, and then a traditional flat corrective phase. We have just completed the traditional flat corrective phase. EW provides a way to calculate price targets, the current likely price target is not looking that favorable, suggesting a return to merely the previous highs, not even the all-time high! However, as Wave five gets moving, we can use the subways to calculate a potentially more accurate price Target. The recent Bitcoin dump allowed ethereum to complete its corrective phase in my opinion. Despite the sluggishness of the market currently, we should still see some fireworks in the months ahead!--and that's it folks, time to sell when you see it! Likely bear market time afterwards. Hopefully ethereum can eeek out a new all new all-time high before then
Long
by Ian_Carsen
1
Ethereum (ETH/USD) Weekly Analysis🚀 Ethereum (ETH/USD) – Bullish Elliott Wave 5 Expansion 🚀 📈 Weekly Chart Analysis | Elliott Wave + Fibonacci + MACD + RSI Ethereum is currently in a Wave 4 corrective phase, preparing for a Wave 5 rally. If ETH holds above key support levels and breaks resistance, we could see a strong bullish move towards 5,440 USD and beyond. 📊 Elliott Wave & Fibonacci Analysis Ethereum's Elliott Wave structure suggests that Wave 5 is yet to unfold. Based on Fibonacci extensions, the next key targets are: ✅ Fib 0.382 (~4,058 USD) – Initial resistance. A breakout here confirms bullish momentum. ✅ Fib 0.618 (~5,440 USD) – Mid-term bullish target. ✅ Fib 1.618 (~10,408 USD) – Extended bullish scenario if Wave 5 fully plays out. 🔹 Key Support Levels: 2,199 USD (Fib 0.236) – Must hold for the bullish structure to remain valid. 2,069 USD (Fib 0.5) – Deep retracement support. 🔹 Key Resistance Levels: 3,796 USD (Fib 0.382) – Crucial breakout zone. 4,058 USD (Fib 0.5) – Confirmation of bullish trend. 📉 MACD & RSI Confirmation 📊 MACD Analysis: MACD lines are close to a bullish crossover, indicating momentum shift. Histogram is contracting, suggesting sellers are losing control. ⚡ RSI Strengthening: Currently around 51, signaling neutral momentum. A break above 60 RSI confirms strong bullish pressure. 📊 Volume Analysis & Market Structure 📌 Current Volume: Volume is currently low, which indicates market indecision. A spike in buy volume will confirm a strong breakout above 3,796 USD. 🚦 Market Structure Confirmation: Higher lows forming – Bullish structure remains intact. Breakout above 3,796 USD + volume spike = Strong Wave 5 rally potential. ✅ Bullish Trade Plan 🔹 Entry Trigger: Breakout above 3,796 USD with volume confirmation. 🎯 Take Profit 1: 4,058 USD (Fib 0.382) 🚀 Take Profit 2: 5,440 USD (Fib 0.618) 🌕 Take Profit 3: 10,408 USD (Fib 1.618) 🛑 Stop-Loss: Below 2,199 USD (Fib 0.236) 💡 Conclusion & Market Sentiment Ethereum is approaching a key resistance zone at 3,796 USD. A break and close above this level with strong volume will signal the start of Wave 5, potentially targeting 5,440 USD and beyond. 📢 Market sentiment remains cautiously bullish. If ETH holds above 2,199 USD, the bullish structure remains intact. MACD & RSI indicate growing momentum, but confirmation is needed. Watch for a volume breakout above 3,796 USD before entering a trade. 📢 What’s your ETH price target? Comment below! 🔥 📈 Like & Follow for More Crypto Analysis! 🚀
COINBASE:ETHUSDLong
by WaveFibs
2
''EUR/USD 4H | Elliott Wave Playbook" The pair appears to be carving out a textbook 5-wave Elliott structure. Here’s the breakdown: - **Wave 1, 2, and 3** are in the books, and Wave 4 is now developing, testing the **38.2%-50% retracement zone** (highlighted in orange). - **Wave 5 Target**: Eyeing **1.0100-1.0090** as the likely destination for the final push lower. **Trade Plan:** - Monitoring the sell zone at **1.0373-1.0466**, which aligns with the Wave 4 retracement. - Any rejection here provides a short setup, with stops above **1.0466** and targets down to **1.0100**. - R:R is solid, making this a high-probability play for the disciplined trader. **Market Context:** - Structural resistance and Fibonacci confluence strengthen the case for shorts. - Patience is key—waiting for confirmation of Wave 4 completion before entry is paramount. **Reminder:** This is an analytical outlook, not financial advice. Manage risk diligently. --- Would this work for your audience, or shall I refine it further?
by Greenfireforex
Bitcoin (BTC/USD) Weekly Analysis. Bull Market Top1️⃣ Key Market Structure - Elliott Wave Analysis 📉 Elliott Wave Progression: BTC is in Wave 5️⃣, which historically marks the last bullish impulse before a potential correction. Wave 3️⃣ was strong, confirming the trend continuation. Now BTC is approaching the potential Bull Market Top 🚀. 🟢 Current Market Position: BTC is forming Wave 5, targeting $117K - $139K as per Fibonacci extensions. The final Wave 5 completion zone is projected within this range. 2️⃣ Fibonacci Retracement & Extension Levels 📊 Fibonacci Levels to Watch: 📍 0.236 Retracement: $93,845.34 ✅ (Minor pullback support) 📍 0.382 Retracement: $85,842.61 ✅ (Stronger correction zone) 📍 0.5 Retracement: $79,876.11 ⚠️ (Critical mid-level support) 🎯 0.382 Extension: $117,331.51 (Potential first target resistance) 🎯 0.618 Extension: $139,205.03 (Bull Market Top Projection) 📌 BTC Weekly High: $109,358.01 📈 BTC Current Price: ~$99,449.97 3️⃣ Technical Indicators - Confirmation Signals 📊 MACD (Momentum Indicator) ✅ MACD Histogram is still positive ➝ Confirming bullish momentum. ⚠️ Flattening MACD lines ➝ Indicates momentum might be slowing. 📊 RSI (Relative Strength Index): 🔼 RSI is near overbought zone (~69-70) ⚠️ Possible local top - BTC might need a correction before further upside 4️⃣ Key Support & Resistance Zones 🛑 Major Support Levels: 🟢 $93,800 (0.236 Fib - Short-term pullback zone) 🟢 $85,800 (0.382 Fib - Stronger correction zone) 🟢 $79,800 (0.5 Fib - Must hold support for long-term bullish trend) 🎯 Resistance Levels - Price Targets: 🔴 $109,000 (Current High - Short-term resistance) 🔴 $117,000 (First Major Resistance - 0.382 Fib Extension) 🚀 $131,000 - $139,000 (Bull Market Top Zone - 0.618 Fib Extension) 5️⃣ Trading Strategy & Market Outlook 💹 Bullish Bias Until BTC Breaks Below $93,800 🎯 Target Areas for TP (Take Profit): ✅ Conservative Traders: Exit near $109,000 - $117,000 ✅ Higher Risk Targets: $131,000 - $139,000 ⚠️ Risk Management: 🛑 Stop-loss: Below $93,000 to protect against a deeper correction. 📈 Scaling In: Consider adding positions if BTC retraces to the 0.382 ($85,800) or 0.5 ($79,800) Fibonacci level. 💡 Summary & Final Thoughts: ✅ BTC is in the final Elliott Wave 5 move, targeting a potential Bull Market Top of $131K - $139K based on Fibonacci extensions. ⚠️ However, RSI is overbought, and MACD momentum is slowing, meaning a pullback to $93K or $85K is possible before the next move higher. 🚀 Bullish until BTC breaks below key supports. Watch $109K and $117K for short-term resistance. 📊 Strategy: Hold long positions with profit-taking targets at $117K, $131K, and $139K. Use $93K as a support level for risk management.
COINBASE:BTCUSDLong
by WaveFibs
1
SUI/USDT - Wave 5 Bullish Setup 📈 Timeframe: 1W (Weekly) 🔍 Targeting $7 - $11+ in Wave 5! 🔎 Elliott Wave & Fibonacci Analysis SUI/USDT appears to be in a Wave 4 correction, setting up for Wave 5 expansion. The analysis is based on Elliott Wave principles and Fibonacci retracement/extensions. 📌 Elliott Wave Count 1️⃣ Wave 1: Initial impulse move up. 2️⃣ Wave 2: Retracement and accumulation phase. 3️⃣ Wave 3: Strongest rally, forming the peak. 4️⃣ Wave 4: Current pullback, possibly completing soon. 5️⃣ Wave 5: Expected bullish breakout, targeting key Fibonacci extensions. Wave 4 correction seems to be holding near the 0.382 Fibonacci retracement ($3.02). If this support level holds, we expect Wave 5 to extend towards $7.07 - $10.92. 🔹 Fibonacci Retracement & Extension Levels Level Price (USDT) Role 0.382 Fib Retracement $3.02 Key support (Wave 4) 0.5 Fib Retracement $1.99 Deeper correction (Invalidation level) 0.382 Fib Extension $7.07 First target 1.236 Fib Extension $8.11 Mid-target 0.618 Fib Extension $10.92 Final target 🔸 Support & Resistance Key Zones Immediate support: $3.02 (0.382 Fib) Strong resistance: $4.50 - $5.00 (local highs) Final resistance: $10.92+ (0.618 Fib extension) 📊 MACD & RSI Confirmation MACD (Momentum Analysis) ✔️ Bearish crossover occurred during Wave 4 correction. ✔️ A bullish crossover on MACD would confirm Wave 5. ✔️ MACD Histogram Shrinking → Selling pressure reducing. RSI (Relative Strength Index) ✔️ RSI currently at 54.81 → Neutral (Not Overbought) ✔️ No overbought conditions → Room for further price expansion. ✔️ Possible bullish divergence forming → Stronger confirmation for Wave 5 rally. 🎯 Trade Plan 📥 Entry Strategy ✅ Entry Zone: Above $3.02 (0.382 Fibonacci level). ✅ Confirmation: Bullish engulfing candle or MACD crossover. 🎯 Take Profit Targets 1️⃣ Target 1: $7.07 (0.382 Fib Extension) 2️⃣ Target 2: $8.11 (1.236 Fib Extension) 3️⃣ Final Target: $10.92+ (0.618 Fib Extension) 🛑 Stop Loss ❌ Stop Loss Below: $1.99 (Invalidation level). 🚀 Bullish Confirmation Signals ☑️ Price holding above $3.02 (0.382 Fib retracement). ☑️ MACD bullish crossover (pending). ☑️ RSI maintaining above 50+ (not overbought). ☑️ Increased volume on breakout. 📌 Summary & Expectations 🔸 Bullish Scenario: If price maintains above $3.02, we anticipate a breakout into Wave 5, targeting $7.07 - $10.92+. 🔸 Bearish Risk: If price breaks below $3.02, we could see a deeper correction to $1.99 before a reversal. 🚨 Risk Management: Always manage risk properly. Use stop losses and adjust position sizing accordingly. 📊 Trade with confidence, and let's catch the Wave 5 move! 🚀🔥
Long
by WaveFibs
Blow off top - too early to short?As much as it pains me to say this, I still think Palantir has more shorts to squeeze here. There’s a rounded bottom and my Elliot wave count puts this move at Wave 5, blow off top. I think the final Wave 5 target is higher than $100, I can’t tell exactly where it end as I don’t have a crystal ball. However, this move up is strong and can easily head towards the $150 region. I’d strongly recommend against shorting here, as I did a few months back. There will be an opportunity to short, but I wouldn’t be jumping in front of this steam train right now. Not financial advise, do what’s best for you.
NASDAQ:PLTR
by NoFOMO_
EUR/NZD:Complex Correction Unfolding – Wave 2 Nearing CompletionEUR/NZD has been trapped in a sideways range since July 2024, forming what appears to be a complex correction for wave 2. If this Elliott Wave count is accurate, the current resistance zone could hold, allowing bears to step in and drive prices lower to complete the second wave. Watch for reversal signals like engulfing candles or strong rejections before entering short positions! 📉🔥 #ElliottWave #ForexTrading #EURNZD #TechnicalAnalysis
by Elliotwavesglobal
GBP/JPY - Long Position Trade SetupHi all, once again thank you all very much for the recent support. Been loving sharing my trade ideas and so far this week I haven't got anything wrong so its been very rewarding. Lets break down this pair.. 4H View - First thing to notice is the expanding wedge pattern I'm noticing which is corresponding with Elliot's Wave suggesting we are on the last leg, this "should" mean we are going to be bearish for the smaller TF. 1H View - Currently price is still Bullish, saying that we are in a swing range and I do believe price will actually break out of this level to fill Sell Side Liquidity and lower Imbalance. We have a 50% level marked out which hasn't been mitigated from any recent price moves which also suggests Bearish movements. Current View - So far I see a very strong level my eyes are set on which is "191.000". This level is a strong whole Phycological number, its filling Imbalance, this level is at out OTE zone, this level also contains a strong 30M Mitigation Block and is our extreme Demand zone giving me all the right confluences to look for a Bullish MSS when price reaches this level. Feel free to DM me for any further questions, good luck to all the traders that decide to follow. Thanks again for the support
Long
by jamesibartram
Crypto Market Is Still Bullish Despite A New Sell-OffCrypto market faced some deeper decline, but still looks like a complex W-X-Y correction in wave 4 within a bullish trend for wave 5. A drop came from a stock market slowdown due to end of the month flows last week on Friday and due to US tariffs. However, now that US tariffs for Mexico and Canada are delayed, we can see a strong stabilization and recovery, which can be an indication for a bullish continuation within a new five-wave bullish cycle for wave 5, at least for the first half of 2025.
CRYPTOCAP:TOTALLong
by ew-forecast
GOLD → Price is susceptible to manipulation. Correction?FX:XAUUSD amid high risks of tariff wars and high inflation reaches a new ATH and trend resistance, but due to manipulation by politicians there is a possibility of a small correction. Gold price is consolidating above $2,800 after an all-time high of $2,831, awaiting US employment data and Fed speeches. Volatility increased amid manipulations about Trump's tariff policy: first they set tariffs, then a few hours later they cancel them. In a word, “politicians”. Gold is going into correction after a false breakout of resistance of the ascending channel and on the news about temporary suspension of tariff increase by the USA. Overall gold is holding its ground as the Fed remains cautious on rate cuts. Resistance levels: 2817, 2830 Support levels: 2811, 2801, 2790 If the price breaks 2811 and consolidates below this area, we should expect a correction to 2800 - 2790 in the short term, there is no hint of a trend change, growth may continue from the key support areas. Regards R. Linda!
FX:XAUUSDShort
by RLinda
9
Update PephehPepe Analysis Update Unfortunately, the fifth wave of Pepe was smaller than I thought, but the good is that the first large wave ended and is now in the second wave. That is, Pephea has earned about 14,000 percent since entering the market, and its third wave should at least give the same amount. Ppee's best key support 0.000006658 is 0.78 fibonachi but my opinion breaks down 0.000004352 around And its biggest support 0.000001741 Had to wait for the next waves to make the puzzle complete
CRYPTO:PEPEUSDShort
by mohamadgadimpour
Bitcoin Dominance: Elliott Wave and Harmonics Combo (Part 2)MARKETSCOM:BITCOIN Dominance ( #BTC.D / CRYPTOCAP:BTC.D ) indeed started the rise I predicted back in late '22. CRYPTOCAP:BTC rose to the limits, exceeding the 100K Mark. In #ElliottWave, this is Cycle Wave C (turquoise). Primary Wave ① (white) completed, with the Corrective Primary Wave ②now in play. The Correction will pave the way for Alt Season to commence, so the focus will shift to Alt Coins. #Harmonics are showing #Cypher Patterns, a combo actually, on different degrees. Bitcoin Dominance ( BTC.D ) Technical Analysis: * Elliott Wave Impulse: Cycle C (turquoise) * Harmonic Patterns: Bullish Cyphers * 88.6% Fibonacci Retracement * Break-Out with Divergence * Leading Diagonal in Primary Wave ① (white) Conclusion: After a last rise, expecting MARKETSCOM:BITCOIN to top-out and start a Larger Correction. Alt Season to start and deliver, based on #BTC losing ground. After this, CRYPTOCAP:BTC to continue ruling, as the one and only #Cryptocurrency.
CRYPTOCAP:BTC.D
by EW4X
1
ACTUSDT → Attempting to change the trend BINANCE:ACTUSDT is trying to move into the realization phase after breaking through the resistance of the bearish wedge, a pattern capable of changing trends After a prolonged downtrend, the coin has found a bottom in the 0.1500 area and yesterday's bitcoin recovery was a bullish driver for ACT. The market is pretty much confirmed manipulation by the US government and will have to come to terms with that. Technically, the focus is on 0.21400 support. The key pattern to wait for is a false break of the support followed by a consolidation above the level and the start of an upside move. This would be a characteristic bullish maneuver that could lead to local strengthening. Resistance levels: 0.26800, 0.35120 Support levels: 0.21420, 0.1500 For a trend change, the coin needs not only to consolidate above the support, but also to overcome the resistance at 0.26800. The altcoin market is weak, so there should be strong confirmations to open positions in one direction or another. Regards R. Linda!
Long
by RLinda
2
TLT BONDS ELLIOTT WAVE ANALYSIS - MOVE FORWARD©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master Designation). Conclusion: TLT BONDS continues to move higher, expected at 90.92 - 92.63. Wave 1-grey may have just ended, and wave 2-grey is starting to move higher as ((a))((b))((c))-navy, expected to target around 90.92 - 92.63. While price must remain below 94.85 to maintain this Bearish view. On the other hand, the ALT scenario shows no further push lower, instead, wave (B)-orange has just ended, and wave (C)-orange is moving much higher, expected to reach 101.64. The key to triggering the ALT is a break above the 92.63 level.
NASDAQ:TLTLong
by ShaneHua
Citibank Wave Analysis – 3 February 2025 - Citibank reversed from support level 76.00 - Likely to rise to resistance level 82.00 Citibank recently reversed up from the support level 76.00, intersecting with the 20-day moving average, 50% Fibonacci correction of the upward impulse from January. The support zone near the support level 76.00 was further strengthened by the upper trendline of the recently broken up channel from August. Given the clear uptrend, Citibank can be expected to rise to the next resistance level 82.00 (which stopped the previous sharp impulse wave 3).
NYSE:CLong
by FxProGlobal
Bitcoin $10K Swings Elliott and Key SR Zones. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Bitcoin has continued to stay volitile, posting two more $10K+ daily moves. The market has been highly news reactive, with significant swings in both directions. After testing $93K, price held and has since moved back to the $102K area, a level that has been a key point of interest. The focus now is on whether this level will play as resistance for the wave 3 and return to the 99k area for possible base before continuation or if further retracement is needed before the next move. Wave 4 Development From an Elliott Wave perspective, a potential wave 4 retracement is in play, with $99K- GETTEX:98K acting as a key support zone. Holding above this range could set the stage for another leg up. So staying vigilant for a corrective pattern above or to this level. Key Levels to Watch $102K and $99K – Significant areas for market structure. $106K – A level that remains on the radar for further upside. Long positions from $105.6K and $93.8K provide some flexibility to observe price action and adjust accordingly. The market remains dynamic, and adapting to real-time developments is key. As price action unfolds, the focus will be on whether key levels hold and what signals and patterns emerge for the next move. Trade safe, trade smart, trade clarity.
COINBASE:BTCUSDLong
by CryptoKnee
GOLD → The trend is not broken, gold could go even higherFX:XAUUSD continues to strengthen after a small correction. There is a zone of interest ahead and the price may form a correction to the support before it starts to storm ATH Gold is rising due to the growing risks on the background of the tariff war started by Trump. Despite the risks posed by the US residents as well, he is willing to continue to do so. In addition, his comment about the Fed, “The Fed made the right decision last week to hold off on cutting rates” gave aggressive support to the dollar, but that didn't break gold, which is heading for the highs. The trend is not broken and interest in the metal due to growing risks is also growing. The focus is on US and Chinese economic data as well as Fed statements. Technically, the support in the form of the previous ATH - 2790 plays a key role and gold may test this area once again before continuing its growth. But, in the short term, it is worth keeping an eye on 2800. Support levels: 2795, 2790 Resistance levels: 2802, 2808 There may be a small correction from 2802 or from 0.7-0.79 fibo before the price decides to storm this area again to consolidate above the support before rising further. Regards R. Linda!
FX:XAUUSDLong
by RLinda
12
USDCHF → The bullish trend may get its continuationFX:USDCHF is entering the realization phase after a prolonged correction. A favorable background is created by the uptrend and rising dollar... The technical outlook on the daily timeframe is very good. The price after breaking the trend resistance tested the previously broken line. The currency pair after the false breakout managed to consolidate above the key point, marking an interim bottom and further prospects. Technically, the focus is on the resistance at 0.911, if the bulls can overcome this area and consolidate above this level, the currency pair will be able to realize a rise to 0.918 - 0.93. Resistance levels: 0.911 Support levels: 0.90555 Before breaking the resistance, the currency pair could test 0.90555 due to the liquidity generated below this area. But, the trigger that can provoke further growth is 0.911 Regards R. Linda!
Long
by RLinda
2
GBPUSD → What are the chances of a fall after a FB?FX:GBPUSD is testing the resistance of the downtrend, but the price does not have the strength to go beyond this range. Ahead of the news that can strengthen the downward movement.... On D1, the price is also forming a false breakdown, but relatively important level, thus confirming that the price is still in the selling zone. Ahead is the Fed rate meeting, where the interest rate is likely to remain at the same level. But the most important thing will be Powell's speech. If the official's tone is hawkish, which is the most likely scenario at the moment, the dollar will get support, which may negatively affect the GBP. Technically, the strongest moves occur after false breakouts. Resistance levels: 1.24887 Support levels: 1.2414, 2.2377 A retest of the trend resistance ends with a false breakout and consolidation of prices below the line... A break of the support at 1.2414 will trigger further selling. If there is no unexpected news, the currency pair may fall to 1.224 Regards R. Linda!
Short
by RLinda
2