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Elliott Wave

WIF/USD * Daily TF EWP TC FIB AnalysisAnalysis of WIF/USD Chart Using Elliott Wave Theory 1. Elliott Wave Count & Structure: The chart follows a clear Elliott Wave multi zigzag structure. The impulse wave peaked at around $4.86, marking a significant high. The correction followed in a three-wave ABC structure, which seems to have found support at a key Fibonacci level (0.618 - 0.65 retracement). 2. Trend Channel & Key Support Levels: A parallel trend channel is visible, where price has bounced off the lower boundary, indicating strong support. Key support zone around 55¢, which aligns with the lower boundary of the trend channel. 3. Potential Price Targets & Future Projections: The bullish scenario suggests a Wave Y target above $30 (potentially $36). The large green box in the upper right suggests a potential high-reward zone, likely driven by a new impulse wave (Wave Y). 4. RSI Indicator & Momentum Shift: RSI was previously oversold but is now turning upwards, indicating potential momentum recovery. A break above the 50 RSI level would confirm bullish continuation. According to cryptonews.com : The biggest meme coin sensation in 2024! Be careful with meme coins So let you guide by BTC and VIX if you want to invest in this coin.
CRYPTO:WIFUSDLong
by Anakyn
BITCOIN → The “90K” door opened a corridor to $75,000BINANCE:BTCUSD is changing its market structure to bearish after the 90K breakout. A deeper correction is forming and in my opinion this is a logical and technically correct structure for a healthy market I think it is a wrong siutation when the market is only going up and solely due to buying (injecting huge amount of funds on a HYIP). A bitcoin correction or even a trend reversal can bring a drop of life to this market. Fundamentally, traders have not waited for any active support for cryptocurrencies from the US as stated in Trump's election campaign. Crypto exchange hacks, scam coins and bitcoin dominance are negatively affecting altcoins. Bitcoin's current decline and possible drop to 75-73K could give fundamentally valuable altcoins a chance, provided the flagging dominance index also starts to decline. As the simultaneous flow of funds from bitcoin to altcoins and bitcoin's rise from strong support could renew the chances of an altcoin season Resistance levels: 88150, 90700 Support levels: 75К, 73570, 66830 A small correction to resistance 88.1 - 90.7 is possible before price starts its decline. BTC may try to go deeper, but based on the situation with the market imbalance, lack of driver and support, the price may descend in the medium term and reach the zone of interest and liquidity 75-73.5K. Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
88
XAUUSD Weekly Analysis – Gold in Correction or Bullish Move? Gold (XAUUSD) Weekly Update: Gold has entered a correction phase after showing divergence. Based on Elliott Wave, Wave 3 has ended, and we're now in Wave 4. If 2800 holds, the main trend stays bullish, and after this correction, Wave 5 could push us towards $3000! 💰 Key Levels: Support: 2800 Resistance: 2862 – 2882 As long as price stays below the 2862-2882 range, the trend is bearish short-term. A break above could signal a bullish continuation. 📈 What’s your take on gold? Will we see $3000 soon? Drop your thoughts below! 👇 #XAUUSD #Gold #GoldAnalysis #XAU #TechnicalAnalysis #Trading #ElliottWave #Forex #Investing #GoldPrice
OANDA:XAUUSD
by Elliottwaveofficial
1
Correction up for BitcoinHi traders, Let's keep it positive for Bitcoin. So it could be that the last drop was an impulsive wave of a bigger correction. I've updated the wave count. So now we could see a (corrective) move up again to the Daily FVG. Let's see what the market does and react. Trade idea: Wait for a sweep of the previous lows, a change in orderflow to bullish and a small correction down on a lower time frame to trade longs. 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. If you don't agree, that's fine but I don't need to know it. Don't be emotional, just trade! Eduwave
Long
by EduwaveTrading
Correction up for goldHi traders, Last week XAUUSD slowly went up and dropped on Tuesday. I think this was the finish of an ending diagonal wave 5 (grey). I've adjusted the wave count. Next week we could see a correction up to the FVG's above and after that another drop. Let's see what price does and react. Trade idea: Wait for for a change in orderflow to bullish and a small correction down on an lower time frame to trade (intraday) longs to the FVG's above. 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. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave
OANDA:XAUUSDLong
by EduwaveTrading
1
Up for SPX500USDHi traders, Wow! Last week the price action of SPX500USD went exactly to the target as predicted in my outlook. On Monday it dropped and after a correction up it took the liquidity under the previous lows and filled the 4H FVG. I've updated the wave count. Now next week we could see a corrective upmove to the higher 4H FVG. Let's see what the market does and react. Trade idea: Wait for a small correction down to finish and after that a change in orderflow to bullish to trade longs. 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. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave
OANDA:SPX500USDLong
by EduwaveTrading
3
Up for EUHi traders, Last week EU started impulsive up as I've predicted in my outlook but it could not break the highs and on Wednesday it dropped. Now it could be that this was a leading diagonal (orange wave 1) and price has now finished wave a (grey) of wave 2. In that case next week we could see a correction up and another impulse down to finish wave 2 (orange). Or the last move is wave c (blue) of a bigger wave 4 of the leading diagonal and we could see another impulse wave up. In both cases I expect a move up to minimal the 4H FVG (light blue box). Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bullish and a small correction down on a lower timeframe to trade longs. 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. If you don't agree, that's fine but I don't need to know it. Don't be emotional, just trade! Eduwave
Long
by EduwaveTrading
5th waveThis is all from Claude AI: The Rule of Alternation states that if one impulse wave in a five-wave sequence is extended (significantly longer than the others), the other two impulse waves will typically not be extended. This means: If wave 2-3 is 1.272 times the size of wave 0-1, this means that the distance from point 2 to point 3 is 127.2% of the distance from point 0 to point 1. In this context, this relationship could indicate: Wave 3 is likely extending (which is common, as wave 3 is often the longest impulse wave) The move has good momentum, as the 1.272 extension suggests strength in the trend direction This Fibonacci relationship helps confirm that you're correctly identifying the wave structure In Elliott Wave Theory, measuring the height of wave 0-1, multiplying it by 1.618 (the Golden Ratio), and projecting this distance from the bottom of wave 4 is a standard method for establishing a wave 5 target.
BITMEX:BTCUSD.PLong
by ThousandDollarBitcoin
2
BITCOIN Final update !!! We're about to BOOM!!!According to bigger picture, we're still in bull market, 5th of macro and ending 4th of micro elliott wave. Good news is, that we're about to get back into bullish mega green candles soon!! BTC's major CME gap has been filled and this was also the region where FVG is also available and also corrective pattern (double three) Y ends in this region in combining with expanded flat's C. we may most probably by will of GOD almighty will see green days in coming weeks. Targets of wave 5 are up to 120-130K region.
Long
by CryptoNether
Miota ($IOTA)Weekly TF Elliott Wave Crypto Analysis FIB TCAnalysis of the IOTA/USDT Weekly Chart Using Elliott Wave Principle Overview & Key Elements The chart represents the IOTA/USD pair on a weekly timeframe with Elliott Wave structures, Fibonacci retracements, and channel trends. Key observations: • completed five-swing downtrend. • corrective wave (ABC) retracement following the previous bear market. • potential macro bottom around $0.06-$0.07, indicating capitulation. • price has bounced off key Fibonacci levels (0.618, 0.786). • Fibonacci extension targets project potential upside targets at $2.74, $6.61, and $7.50. • Bearish parallel channel: The price recently broke out of the descending structure. • Resistance zones: Around $0.60, $0.85, and $2.75 before reaching the higher targets. • RSI Indicator: previously in oversold territory, now signaling a potential macro reversal. • The momentum is turning bullish, aligning with the forecasted Wave 3 impulse move. What Does This Mean for Price Action? Bullish Reversal Confirmed: The price action suggests a completed bear market correction and the beginning of a new impulsive bullish wave (likely Wave 3). A break above $0.57 and $1.00 would strongly confirm this bullish scenario. Potential Targets for 2025-2026: • $1.00 - $1.50 → Initial major resistance zone. • $2.74 - $3.40 → Key Fibonacci extension level, historically significant. • $6.61 - $7.50 → Maximum projected target based on the 1.236 Fibonacci extension. Risk Factors: If IOTA fails to hold above $0.12 - $0.15, further downside towards $0.06 could occur before resuming upward. A break below $0.06 would invalidate this bullish setup. Conclusion: Highly bullish setup for IOTA with a strong Elliott Wave structure. Long-term accumulation levels: $0.12 - $0.20. Target zones for the next bull run: $2.30 - $7.50. A parabolic breakout is likely in 2025
BINANCE:IOTAUSDLong
by Anakyn