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Elliott Wave

SUI Wave 4: Pivots, Patterns, and PossibilitiesIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! The cleanest conservative count, in my opinion, suggests that we are still within a wave 4 or possibly a diagonal. This conclusion is based on the 3-wave move up that has printed so far, which aligns with the characteristics of corrective wave structures. Wave 4, according to Elliott Wave principles, often presents as a more complex corrective pattern, and this appears consistent with the current price action. However, the situation remains dynamic, and key levels will play a crucial role in determining the next steps in the wave count. ### Key Levels to Watch 1. **4.92**: If price action fails to generate further upside momentum and drops below this level, it would indicate potential weakness and could lead to a revisit the 3.95 level. 2. **3.95 Pivot + Price Action (PA)**: This level will be pivotal in determining where we are within the broader wave count. A hold above this level could maintain the possibility of the current count, whereas a deeper breach could suggest a shift in the structure. ### Scenarios to Consider - **Bullish Continuation**: If price action remains above 4.92 and generates impulsive moves, it may signal the end of wave 4 and the start of wave 5. - **Extended Correction**: A drop below 4.92 and a test of the 3.95 pivot could indicate a continuation of wave 4 or a diagonal pattern. An impulsive breach would lend to a flat. ### Neutral Perspective This analysis remains neutral, focusing on the possibilities rather than definitive predictions. The next moves around these levels will provide important clues about the broader structure and potential directional bias. As always, flexibility and attention to evolving price action are essential when navigating corrective waves. By monitoring these critical levels and patterns, traders can better position themselves to adapt to the unfolding price action. Trade safe, trade smart, trade clarity.
Long
by CryptoKnee
1
Bitcoin Analysis==>>Last Chance!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($100,000-$98,000) and near the Resistance lines . Regarding Elliott's wave theory , I still see the waves as corrective . It is likely that Bitcoin is completing a Double Three Correction(WXY) so that it is currently completing a wave Y . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks ( between volume and price ). In addition, USDT.D% ( CRYPTOCAP:USDT.D ) is moving near the Support zone and the lower line of the descending channel , so we can expect an increase in this index in the coming hours, and the increase in USDT.D% can cause Bitcoin to decrease . I expect Bitcoin to start falling from the Resistance zone($100,000-$98,000) , Cumulative Short Liquidation Leverage , and Resistance lines again. The First Target can be the Support zone($96,680-$95,500) . If Bitcoin breaks the Support zone($96,680-$95,500), we can expect the CME Gap($94,830-$94,420) to be filled. Cumulative Short Liquidation Leverage: $100,000-$99,000 Cumulative Long Liquidation Leverage: $96,000-$95,000 ⚠️Note: If Bitcoin breaks the Resistance lines and Resistance zone($100,000-$98,000), we can hope for a further increase in Bitcoin.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
23
Correction and up for BitcoinHi traders, Last week Bitcoin swept the lows of the A-leg and went up again. This could be the finish of the (orange) ABC correction. Now we could see a correction down and another upmove from the Daily FVG lower to the Daily FVG higher, making it a complex (XYZ) correction pattern or the next impulsive leg up. Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bearish and trade shorts into the lower Weekly FVG. If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals. Don't be emotional, just trade! Eduwave
Long
by EduwaveTrading
Another downmove for goldHi traders, Last week XAUUSD made a bigger correction up, retested the higher Daily FVG, rejected from there and went lower. Next week we could see price drop more (after a small correction up) to finish the (orange) W-X-Y Zigzag correction. Let's see what price does and react. Trade idea: Wait for a small correction up and a change in orderflow to bearish on a lower timeframe to trade shorts. If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals. Don't be emotional, just trade! Eduwave
FOREXCOM:XAUUSDShort
by EduwaveTrading
More down for SPX500USDHi traders, Last week SPX500USD retested the 4H FVG and dropped again. After it retested the extreme candle of the A-leg, it went up again. Next week we could see a correction up (maybe into the Daily BPR) and another drop. Trade idea: Wait for the correction up to finish and a change in orderflow to bearish, then you could trade shorts. If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals. Don't be emotional, just trade! Eduwave
OANDA:SPX500USDShort
by EduwaveTrading
Another downmove for EUHi traders, Last week EU did exactly what I've predicted in my outlook. After it swept the liquidity above the previous high, it dropped and broke the structure swing low. Next week we could see this pair go lower again to finish wave 5 (black). Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bearish on a lower timeframe and trade shorts. If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! Eduwave
Short
by EduwaveTrading
ETHUSD, morning analysisTwo bearish counts for ETHUSD. This technical analysis sees price action from 4104.56 to 3098.95 as a completed impulse wave. .5 and .618 fibs drawn/projected from high pivot of 4104.56 to low pivot of 3098.95. Corrective price action off 3098.95 low to present time, counted as zigzag with Elliott Triangle wave (B). Less bearish count has larger zigzag structure (in green) with ((C)) targeting the 2000-2500 area. More bearish count sees a wave ((3)) targeting the 2000 area, with wave ((4)) completing below wave ((1)) low of 3098.95 and an eventual wave ((5)) targeting the June 2022 low of 880.03.
INDEX:ETHUSDShort
by discobiscuit
XIAOMI (1810): Another All-Time High Surpassed!A new all-time high has been reached 🎉 XIAOMI has been surging non-stop since August 2024, with our position now up 180% since our entry back in March. We are taking our next profit here and letting the rest run. Xiaomi experienced significant growth in 2024, bolstered by China’s economic development and government support. The Chinese government implemented subsidies to stimulate demand for electronics, heavily favoring the stock. These policies aimed to strengthen domestic consumption and accelerate technological modernization. In March 2024, Xiaomi introduced its first EV, the SU7 sedan. By November, the company exceeded its initial targets, raising its annual delivery forecast to 130,000 vehicles. Technically, it is safe to say that we are trading in a wave 3, but the key question remains: for how long and what price level will it target? Analyzing the chart, it makes the most sense to anticipate a very large and sharp wave 3, with the same dynamics for wave ((3)). While the possibility of even higher surges exists, historical patterns suggest the likelihood of a rounding top formation as multiple waves come to an end. We don’t believe our entry level will ever be retested, but we remain cautious with new entries for now, closely monitoring the chart for further developments.
HKEX:1810Long
by freeguy_by_wmc
Johnson & Johnson (JNJ): 2024 Challenges, 2025 OpportunitiesJohnson & Johnson could become one of the standout plays for 2025 if key levels are respected. A Brief Recap of NYSE:JNJ in 2024 Johnson & Johnson experienced a challenging year. The company finalized the spin-off of its Consumer Health division, sharpening its focus on Pharmaceuticals and MedTech. In April, J&J completed the acquisition of Shockwave Medical for $12.5 billion, strengthening its cardiovascular MedTech portfolio. Financially, the company performed well, surpassing Q3 expectations with $22.5 billion in revenue (+5.2% YoY) and an EPS of $2.42. Despite the positives, the stock faced significant headwinds, peaking at $170 in August before dropping to $140 by December—a 15% decline over the quarter. While we briefly considered a potential outperformance in 2024, we refrained from entering a long position, which proved to be the right decision. Looking ahead, 2025 may offer renewed opportunities. For NYSE:JNJ to regain bullish momentum, it must respect the lower edge of the long-standing trend channel established in October 2021. Ideally, we would like to see a fake-out below this channel to trigger a bearish shakeout, followed by a reversal that targets higher levels. For the longer term, our outlook includes the potential to test the $116–$100 range. However, if our 2025 thesis aligns with technical developments, we will consider adding exposure to $JNJ.
NYSE:JNJLong
by freeguy_by_wmc
2
NIFTY50.....Are you ready to rumble?Hello Traders, the NIFTY50 plunged to 23460 on December 31th! The recovery than has brought the N50 back to 24226 on January 2nd. This could be a wave 2 of c! From this perspective, the forecast is inline with my expectation. So, the next move could be a wave 3 of c down to fresh new lows in the days ahead. Keep in mind! C-waves are almost the strongest waves within an impulse. So one target range should be around 22077! More bearish potential is at hand. On the other hand! It needs a break off the 24857 area to establish a new buy-signal. For now, there is no evidence for this scenario! Anyway! Be prepared for the unexpected! Have a great time..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk.
NSE:NIFTY
by ruebennase
2
SUI Roadmap==>>Short-term!!!First, let's take a look at the previous BINANCE:SUIUSDT Roadmap that I shared with you on October 8, 2024 , which was well done with this analysis (I told you both the correction and the increase). The SUI token has experienced significant growth in the past 24 hours , driven by several key factors : 1- Expansion of the DeFi Ecosystem : The Sui Network has experienced a significant increase in Total Value Locked (TVL), signaling growing adoption and investor confidence. 2- Rising Open Interest : A noticeable increase in open interest indicates higher liquidity and greater participation from traders, further driving price appreciation. 3- Increase in Daily Active Addresses : The number of active addresses on the Sui network has grown, reflecting heightened user engagement and network activity. 4- Haedal Protocol Secures Seed Funding : Haedal Protocol, focused on liquid staking solutions for Sui, closed a successful seed funding round with major investors like Hashed and the Sui Foundation. Its haSUI ( PYTH:HASUIUSD ) token enables users to earn staking rewards while maintaining liquidity for DeFi activities, contributing to Sui's ecosystem growth with over $200M in TVL. ---------------------------------------------- Now let's look at the SUI token chart on the 1-hour time frame and see if we still have a chance to profit from the increase in SUI!? SUI managed to break the Resistance zone($5.00-$4.76) and seems to be completing the pullback now . According to the theory of Elliott waves , SUI seems to be completing microwave 4 of microwave 3 of the main wave 5 . I expect SUI to start increasing again after the pullback is completed, and we can profit at least +10% from the SUI token . ⚠️Note: If SUI falls below the Resistance zone($5.00-$4.76), we should expect it to fall further.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Sui Analyze (SUIUSDT),1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
12
VERTAI 5th wave up - easy profits but be carefule!Vertai appears to be entering the 5th and final wave of its Elliott Wave cycle. While I typically avoid entering trades at this stage, the clear wave structure and increasing volume suggest a potential opportunity for small, targeted profits. The tricky part here is determining the 5th wave’s target range, which could fall anywhere between the top of the 3rd wave and the $2 mark. Given this uncertainty, I’ll monitor the price action closely and adjust my strategy as needed. Precision is key in this setup, and I’ll be focusing on volume spikes and potential reversals to lock in profits.
UNISWAP:VERTAIWETH_19D1B0.USDLong
by Last_Adopter
ETHUSDT.P Elliott wave correction? Potential 3000k?ETHUSDT.P daily timeframe prediction + description 1. **Elliott Wave Structure**: - The chart illustrates a **5-wave impulse pattern** (labeled 1, 2, 3, 4, 5) marked with green lines. This pattern typically represents a strong directional move in the market, either up or down. - Following the 5-wave impulse, there is a **3-wave corrective pattern** (labeled A, B, C) marked with red lines. This corrective pattern is a common structure where the market retraces a portion of the previous impulse move. 2. **Fibonacci Extension Levels**: - The chart has two key Fibonacci levels highlighted: **0.618** and **0.5**. - The **0.618 to 0.5 Fibonacci extension level** is located from around 2560 to around 2458. 3. **Equilibrium and Take Profit (TP)**: - An "Equilibrium" level is marked on the chart, representing a significant horizontal price level where the market might find balance. - A "75% TP" level is indicated at 2819.17, which is a suggested price target where a trader might take profit on their position. 4. **Price Action**: - The current market price is shown between the labeled points A, B, and C, with the red lines connecting these points indicating the ongoing ABC corrective wave. ### Prediction (ABC Correction): The Idea is predicting that the market is currently in an **ABC corrective phase** following a significant 5-wave impulse move downwards. Here’s the detailed description: 1. **Wave A** represents the first corrective move upward after the 5-wave downward impulse. 2. **Wave B** is the subsequent move downward, representing a partial retracement of Wave A. 3. **Wave C** is the final move in the correction, expected to move upward again and typically reaching or slightly exceeding the end of Wave A. ### Specific Prediction Based on the Chart: - The prediction indicates that the price will likely continue upward from the current level, aiming to complete the **C wave** of the ABC correction. - **Wave C** is expected to reach around the **0.618 Fibonacci extension level**, which is marked as a significant resistance point. - Once Wave C is completed, this could signify the end of the correction phase and potentially the resumption of the previous trend (either continuing downwards or reversing to the upside, depending on broader market conditions). This type of analysis is used by traders to anticipate market movements and make informed decisions on entering or exiting positions based on the likelihood of these patterns playing out as predicted. the last TP: 3011 entry: 2550 SL: 2367 A slight pullback might be expected before wave C and notice that this might not be in the next few days or weeks, the date is not fixed.
Long
by Uptrick
1
Bitcoin - Final Crash! Prepare to buy, new ATH soon.Bitcoin is ready for the final crash to around 85k! This is an excellent buying opportunity on the spot market, or you can use leverage on futures. I expect Bitcoin to hit 125k in 2025. 85k is a strong support because it's the start of the FVG (Fair Value GAP). It's the first major point and major support on this chart. Expect a strong rebound from this level. It's possible that Bitcoin will go a little bit lower to 83,842. This is also significant support because it's the 1:1 FIB extension from wave A to wave B. Bitcoin always reacts to this FIB extension; it's the most popular. After we complete the C wave, we are ready to start a new impulse wave and start a new bull market. Also, I expect an altseason to kick in; for example, Ethereum should overpower Bitcoin. The Bitcoin dominance (BTC.D) chart is on a strong resistance. I think the plan is clear; 2025 will be very successful! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
262
ADA rejection on the way?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! #ADA Rejection on the Way? Cardano (ADA) has caught the attention of traders with its recent price movements, especially as it approaches key levels that could signal either a rejection or a continuation of its current trajectory. Let’s take a closer look at the dynamics in play and what they might indicate for ADA’s next move. Recent Price Action ADA’s recent rally brought it to a critical resistance zone, raising questions about whether the upward momentum can sustain or if a rejection is imminent. Historically, this level has acted as a significant inflection point, and its current behavior aligns with prior instances of strong price reactions. Key Levels to Watch 1.20: This is the primary level that ADA needs to break and hold above to maintain bullish momentum. A clear breakout here could open the door for further upward movement. 0.77: On the downside, this level represents a crucial support zone. A deep break below 0.77 would not only invalidate the current structure but could also signal a deeper correction. Potential Scenarios Bullish Case: If ADA consolidates sideways near the resistance without significant rejection, it could indicate strength and the possibility of an eventual breakout above 1.20. This scenario would align with bullish continuation patterns. Bearish Case: A sharp rejection from 1.20, especially if followed by increasing sell volume, could push ADA back toward the 0.77 level. In this case, traders should watch for whether 0.77 holds as support or breaks, signaling further downside risk. What to Look For Sideways consolidation around the resistance level would be an encouraging sign for bulls, suggesting that ADA may gather strength for a move higher. Conversely, sharp and impulsive downward moves could point to a rejection in progress. Observing price action and volume near these levels will be key to assessing the next likely direction. Final Thoughts As with any market analysis, it’s important to remain flexible and responsive to price developments. ADA’s behavior around the 1.20 and 0.77 levels will likely provide critical clues about its near-term trajectory. While rejection remains a possibility, the potential for a bullish continuation cannot be ruled out. Traders should monitor these levels closely and adjust their strategies accordingly. Trade safe, trade smart, trade clarity.
Long
by CryptoKnee